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News

International

IMG Europe unveils flexible International PMI scheme

IMG Europe has launched a flexible international medical insurance plan, available worldwide to expatriates and eligible local nationals.

clock 19 April 2011 •

Your profession

Tesco Bank profits up 5.6%

Tesco is targeting further growth in its banking business, which helped the retailer record record profits of £3.8bn for the year to the end of February.

clock 19 April 2011 •

Long Term Care

Public-private partnership solution for LTC - think tank

State and financial services can work in partnership to solve the long-term care funding crisis confronting England and Wales, according to a new report.

clock 19 April 2011 •

Investment

European markets rebound after S&P downgrade

The FTSE opened higher this morning to recover some of yesterday's losses following Standard & Poor's outlook downgrade of the US.

clock 19 April 2011 •

uncategorised

Public sector mounts legal challenge to CPI-linked pensions

Six public sector organisations have applied for a High Court judicial review of the government's decision to link increases in public sector pensions to the consumer prices index (CPI).

clock 19 April 2011 •

ETFs

BIS accuses ETFs of 'systemic risks'

The Bank for International Settlements has expressed concerns about the growth of the swap-based ETF market, comparing it with the structured finance industry.

clock 19 April 2011 •

Economics / Markets

CBI: UK growth blighted by 50% tax and Nigeria-style regulation

Over-regulation by the FSA and some of the highest income tax in the world is deterring business from investing in the UK, and putting the country's recovery at risk, according to a CBI report.

clock 19 April 2011 •

Economics / Markets

EU asset managers accuse US banks of Libor fixing

Three European asset management firms have accused banks including Bank of America Corp., JPMorgan Chase & Co., HSBC Holdings Plc, Barclays Bank Plc and Credit Suisse Group AG of conspiring to manipulate Libor.

clock 19 April 2011 •

Your profession

Vantage powers Hargreaves to record quarter

Hargreaves Lansdown gathered a record £1.16bn of net new assets during a quarter which saw it enter the FTSE 100 for the first time.

clock 19 April 2011 •

Protection

Sants: Solvency II costs may outweigh short-term benefits

Hector Sants, the FSA chief executive, has admitted the "considerable" costs of implementing Solvency II may outweigh the short-term benefits to the industry.

clock 19 April 2011 •
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