News

Ashcourt Rowan has appointed former Parmenion sales director Paul Miles as director of intermediary services.

IFG Group, the parent company of SIPP provider James Hay Partnership, has been approached with an acquisition offer.

Declines in metals and other commodity prices caused global indices to drop in Wednesday trading.

Scottish Widows Investment Partnership (SWIP) contributed more than £4m last year toward compensating investors in failed investment company Keydata.

Advisers who recommended contracts for difference (CFD) trader Direct Sharedeal have been caught in the middle of a blame game after the firm was put into administration.

Oil major BP has agreed a deal with the US Department of Justice to pay $25m following the Prudhoe Bay oil spill in 2006.

Portugal's caretaker prime minister Jose Socrates has announced he has reached agreement on a bail-out from the EU and the International Monetary Fund.

More than half of UK adults hold no life insurance despite being highly aware of the importance of having it and other protection products, according to research.

The Serious Fraud Office (SFO) has given up trying to prosecute anyone over the collapse of Keydata, as it has insufficient evidence to continue with the case, it has said.

Who has moved where in another busy week in financial services?