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News

Investment

Snowden to take over from Roberts on two Aegon funds

Stephen Snowden will take on the co-management of Aegon's Investment Grade Bond and the Dublin-domiciled Investment Grade Global Bond funds when he returns to the firm in July.

clock 13 April 2011 •

Underwriting

LV= slashes doctors' reports

LV= has continued the market's focus of reducing reliance on GP reports (GPRs) by slashing the number requested for its income protection (IP) applications.

clock 13 April 2011 •

Mortgages

Attempted mortgage frauds up 14%

Mortgage fraud increased by 14% in 2010, with first-party fraudsters responsible for 97% of cases.

clock 13 April 2011 •

Mortgages

Man jailed for £67,000 mortgage fraud

A man who committed mortgage fraud while living on benefits has been jailed and ordered to repay £67,131 by Luton Crown Court.

clock 13 April 2011 •

Investment

Artemis' Foster: Mervyn King 'losing the plot'

Artemis fixed income manager James Foster says the governor of the Bank of England needs to raise rates now to prevent inflation becoming embedded in the system.

clock 13 April 2011 •

Investment

ONS denies inflation leak - papers

The ONS has denied inflation figures were leaked before the official announcement yesterday morning.

clock 13 April 2011 •

Commodities

Goldman: Time to sell out of commodities

The oil price fell by as much as $3.25 a barrel on Tuesday after the world's biggest commodity trader called the top of the market for crude and a range of other commodities.

clock 13 April 2011 •

Regulation

Pru forced to return £4m after pensions error

The Prudential has written to 39,000 customers saying it valued their pensions incorrectly.

clock 13 April 2011 •

Investment

Liontrust sells loss-making credit arm to Avoca for £3.2m

Liontrust Asset Management has agreed the sale of its credit team and transfer of two funds to credit investment manager Avoca Capital.

clock 13 April 2011 •

Service

Medicals Direct eyes NHS business

Insurance service provider Medicals Direct has applied to register as an NHS service provider under the Health and Social Care Act.

clock 12 April 2011 •
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