News

Global markets are continuing to fight back with all the leading indices trading in the black after G7 finance ministers agreed to cool the soaring yen.

Jupiter Fund Management said today its bill for financial failures such as Keydata has come to more than £5m.

Fourteen people, including a solicitor, surveyors, valuers and mortgage advisers, have appeared in court in Wales charged in connection with an alleged £20m conspiracy to defraud.

Jupiter Fund Management today revealed it would be paying shareholders a 4.7p dividend as profit rose sharply to £42m while assets under management and net inflows also climbed.

UK banks have about £136bn of exposure to crisis-struck Japan, but it is "too soon" to judge the full hit to Britain's financial sector, the FSA says.

The Red Nose Day appeal will receive £1 every time advisers use Distribution Technology today.

A solicitor, who has been accused of committing more than £650,000 worth of mortgage fraud, has been warned by a judge that he faces a prison sentence.

London & Capital's Managed Portfolios are now available on Transact as the wealth manager's drive to make discretionary fund management accessible to the mass market gains traction.

The Dow Jones posted strong gains in early trading on Thursday as a cooling operation at the tsunami-hit Fukushima Daiichi nuclear plant eased investor fears.

Local authority social care services face a funding gap in excess of £1bn by 2015, according to The King's Fund.