News

A former legal executive has been jailed for five years for her role in a £1.25m fraud involving fake mortgage applications.

Making shopping around for an annuity the default option for all investors will be "counterproductive", Legal and General (L&G) warned.

Nationals round-up: Warnings about ETFs, the latest on investment trusts and another supermarket could soon be offering a savings bond.

While lifetime annuities remain the most popular at-retirement product further innovation is needed to meet the needs of the market according to the Xafinity Annuity Industry Study.

HSBC Global Asset Management has launched the first CIVETS fund making it available to both retail and institutional investors globally.

"Spain is like Ireland, Portugal and Greece, only more so," warns Stuart Thomson, Chief Economist with Ignis Asset Management.

Bank of England governor Mervyn King claimed a £26 senior railcard on expenses last year as part of a total bill of over £130,000.

Financial advisers, fund managers and investors could be hit with huge costs after the US Senate passed laws forcing millions of people in funds holding US assets to make a declaration to the American tax authorities.

The Bank of England will raise rates for the first time in four years in August in a bid to dampen inflation, according to the British Chambers of Commerce.

Barclays could be poised to swoop on one of Spain's troubled regional banks in a multi-billion pound rescue deal, according to reports.