News

Alliance Trust has published its top 20 most popular funds purchased through platform i.nvest for SIPPs and ISA investments over the 2010/11 tax year.

Cofunds has appointed Mike Preston as head of platform consultancy for its intermediary service.

UBS has seen assets in its European ETF platform grow by nearly two thirds this year.

Standard Life's former managing director of corporate, Gerry O'Neill, has been suspended from his role at the firm.

NFU Mutual has cut the annual management charges (AMC) on its deposit fund due to diminishing returns.

A financial adviser has reported Legal & General to the FSA over claims it misrepresented the past performance of its £2bn High Income trust by smoothing out price movements.

Inflation rose to its highest level since September 2008 last month, reversing the previous month's retreat and breaking sterling's five-day decline against the dollar.

Premier Retirement Solutions (PRS) has launched an annuity comparison service in a bid to help retirees make the most of the open market option (OMO).

9am: The FTSE 100 is hovering around the 5,900 mark in early trading on the back of weakening metal prices sending mining stocks deep into the red.

BP's troubled deal with state-controlled Russian oil company Rosneft has fallen through.