News

European stock markets sunk into negative territory on Tuesday as concerns over the global economic recovery and an unnerving update on Japan's radiation crisis hit investor sentiment.

Financial advisory group Honister Capital is considering moving away from its current pricing strategy whereby it charges advisers according to their level of income, saying it is "not in the spirit" of RDR.

Consumer demand for pensions has grown by a third since August 2010, research says.

Iceland has said the UK will get back the money it paid out to customers when the Nordic country's banking system collapsed.

The Financial Stability Board (FSB) has warned recent innovation within the ETF industry is bringing "new elements of complexity and opacity" into the market.

Royal London has agreed to potentially buy the Progress protection back book business as part of its deal with parent company Royal Liver.

Royal London has signed a deal agreeing terms for the potential takeover of Royal Liver.

LSL Property Services has awarded nine of its senior directors shares potentially worth more than £1.6m if they meet ambitious growth targets in the next three years.

Skandia Investment Group (SIG) has been given the green light from shareholders to revamp the group's equity income fund of funds and hand the portfolio to O'Shaughnessy Asset Management.

Source has launched its EuroStoxx Optimised Banks ETF, seeking to provide exposure to the most liquid eurozone banks.