News

Lehman Brothers Holdings is claiming $500m from Barclays for allegedly failing to pay all of the bonuses agreed to when it bought the defunct investment firm's North American business.

Ascentric is launching a new report tool providing advisers with extensive coverage of client portfolio data including valuations and wrapper performance.

The price of gold soared yesterday to hit a new record before falling back following the death of the world's most wanted man, Osama Bin Laden.

Britons with billions of pounds hidden in Switzerland will pay tax at 50% under a deal legitimising their undeclared assets, according to a source familiar with the situation.

Billionaire investor Warren Buffett would rather invest in a robust business than gold, despite the precious metal soaring to all-time highs above $1,500.

Over half (57%) of IFAs will target protection sales as a source of new revenue post Retail Distribution Review (RDR), Aviva has found.

The Pensions Bill has moved to the House of Commons with one additional amendment: to strengthen the regulatory framework of the alternative certification model.

US economic growth cooled off in the first quarter of 2011 with GDP growth of 1.8%, down from 3.1% the previous quarter.

National IFA Positive Solutions is to offer existing and prospective partner firms a new charging structure designed to encourage them to build their own brand presence and recruit more advisers.

Norwich & Peterborough (N&P)'s chairman has claimed a damning internal review of the building society's Keydata sales practices was not brought to his attention until after the investment firm collapsed.