News

The FSA has fined DB Mortgages, part of the Deutsche Bank Group, £840,000 for irresponsible lending practices and unfair treatment of customers in arrears, and secured £1.5m in redress for customers.

The former head of multi-manager at F&C, Dean Cheeseman, has joined Mercer as an equity portfolio manager within its investment management business.

Which? Money has reported two sale and rent back (SRB) firms to the FSA after uncovering "woefully inadequate" advice.

Japan's credit rating has been cut to ‘negative' by Moody's on debt level concerns.

European and Asian markets were sharply lower on Tuesday as sentiment was hit by escalating tensions in Libya and an earthquake in New Zealand's second-largest city which has killed at least 65 people.

UK Chancellor George Osborne's austerity plan has received the backing of the US Treasury Secretary.

Assets in iShares ETFs held on wrap platforms have more than doubled in 2010 to reach £557.9m.

Three-quarters of over-50s expect the government to pay for all or most of their long-term care needs, research suggests.

Ageas Protect has added a new national sales manager and strategic account manager to join its protection business from Bupa.

Pharmaceutical & General Provident Society has revealed it paid 98% of its income protection claims last year.