News

Advisers are warning low-cost actively managed funds could disappoint investors in the same way as many flavour of the month absolute return portfolios.

FSA chairman Lord Turner last night said the amount of high quality capital banks should hold as a risk buffer should be double the current requirement.

Barclays Wealth has launched a new investment aimed at the more adventurous income-seeking investor

Morgan Stanley has unveiled a number of dual year products allowing investment for both the 2010/11 and 2011/12 tax years.

A High Court judge has ruled the Tchenguiz brothers can sue Kaupthing Bank for £1bn ($1.6bn) damages.

US financial planning technology provider Voyant has teamed up with Australian peer FinaMetrica to launch a risk profiling platform for advisers.

Advisers are being urged to keep charging structures on corporate pension schemes simple so employers and members can understand them.

Direct Line insurance has lost its three-year appeal against a critically injured man it accused of lying to secure millions in damages.

Skandia has urged investors against panic selling Japanese holdings in the wake of the country's devastating earthquake.

A new provider of health screening services, HealthScreen UK, has entered the UK employee benefits market.