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News

ETFs

Gold ETP assets rise as equity ETFs plummet

European-domiciled gold ETPs pulled in €114m in the week ending 25 February as equity indices across the region fell, according to Deutsche Bank.

clock 04 March 2011 •

Your profession

IFA 20-year claim case reinvigorates long-stop campaign

Adviser Alliance is steaming ahead with plans to launch a judicial review into the lack of a long-stop after an IFA lost a case relating to a 20-year claim.

clock 04 March 2011 •

Your profession

Axa's pension chief Folkard exits

Axa's head of pensions will leave the life company today after his team was split in Resolution's part buyout of the business.

clock 04 March 2011 •

Critical Illness

Onus on insurers to make CI changes work - Defaqto

Defaqto believes the onus is on insurers to make the new ABI critical illness (CI) statement of best practice a success.

clock 04 March 2011 •

Investment

Altmann: State pension reform imminent

The DWP is on the verge of announcing its plans for a new state pension system, Ros Altmann, director general of Saga says.

clock 04 March 2011 •

Your profession

Majority of fee-based IFAs target £150-£200 an hour

Three out of five fee-charging IFAs bill clients between £150 and £200 an hour for advice, research by threesixty suggests.

clock 04 March 2011 •

Your profession

Cable vows to cut red tape for business

Business secretary Vince Cable has pledged to cut red tape for small enterprises as part of a drive to stimulate the economy.

clock 04 March 2011 •

Mortgages

Halifax: Annual house prices fall 2.8%

House prices in the three months to February fell 2.8% compared to the same period last year, which is the largest annual decline since October 2009, Halifax reports.

clock 04 March 2011 •

Your profession

BoE faces TSC accountability probe

The Treasury Select Committee (TSC) has launched an inquiry into the Bank of England's (BoE) accountability before its powers are extended in the government's regulatory shake-up.

clock 04 March 2011 • 1 min read

Economics / Markets

ECB president hints at interest rate rise next month

European Central Bank president Jean-Claude Trichet has hinted interest rates may rise next month to fend off inflation pressures.

clock 04 March 2011 •
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