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News

Economics / Markets

FTSE dips below 6,000 on Portugal 'junk' update

The FTSE 100 fell in mid-morning trading on Wednesday as European markets absorbed Moody's downgrade of Portuguese debt to 'junk' status.

clock 06 July 2011 •

Fixed Income

Aberdeen's co-head of interest rates joins LGIM

Nick Griffiths, co-head of interest rates and global portfolios at Aberdeen, has been poached by Legal & General Investment Management.

clock 06 July 2011 •

uncategorised

HNWs fail to claim top rate pension tax relief

Some high net worth (HNW) individuals are failing to claim their 40-50% pensions tax relief because they do not know they must claim it themselves.

clock 06 July 2011 •

Mortgages

Halifax: Housing market faces 'significant headwinds'

The UK housing market faces "significant headwinds" in the coming months, according to the Halifax.

clock 06 July 2011 •

Offshore Investment

Technical service for QROPs and QNUPs launched

Sovereign Trust Channel Islands has launched a web-based technical service for advisers to help them advise their clients on QROPS (Qualifying Recognised Overseas Pension Schemes) and QNUPS (Qualifying Non-UK Pension Scheme).

clock 06 July 2011 •

ETFs

S&P highlights ETFs with significant exposure to European banks

The situation in Greece, and the rest of the European Union, puts a question mark over ETFs with significant European bank stock holdings.

clock 06 July 2011 •

uncategorised

Webb: Labour failed to propose fix for women's SPA

The Labour opposition should have come up with a solution to help women disproportionately hit by the rise in the state pension age (SPA) to 66 by 2020, pensions minister Steve Webb said.

clock 06 July 2011 •

Offshore Investment

Standard Bank launches Quantum PLUS 6

Launched by Standard Bank in Jersey and the Isle of Man, Quantum Plus 6 is the latest in the Quantum structured product range.

clock 06 July 2011 •

Investment

Britons 'must retire at 70 to control public debt' - today's papers

The cost of looking after the country's ageing population will become unsustainable unless younger generations work longer and pay higher taxes, analysis by PricewaterhouseCoopers (PwC) has found.

clock 06 July 2011 •

Mortgages

Santander sells The Mortgage Alliance to LSL

Santander has sold mortgage club The Mortgage Alliance (TMA) to First Complete, a subsidiary of LSL Property Services.

clock 06 July 2011 •
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