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News

Europe

Eurozone debt crisis to be supported by £420bn fund

A permanent €500bn (£420.3bn) bail-out fund has been set up to support countries in the eurozone.

clock 15 February 2011 •

Your profession

Student letter sparks Level 4 re-think

The FSA is considering awarding a university finance course Level 4 status after a student wrote to the regulator complaining it is predominantly ex-polytechnic courses meeting the minimum standard.

clock 15 February 2011 •

Your profession

Barclays profits jump a third to £6.07bn

Barclays pre-tax profits jumped almost a third in 2010 to £6.07bn, slightly higher than analysts were expecting.

clock 15 February 2011 •

Income Protection

Cirencester friendly pays 94% of IP claims; urges industry to follow

Cirencester friendly paid 94% of its valid income protection (IP) claims totalling £2.7m in 2010 and reiterated its call for other providers follow suit.

clock 15 February 2011 •

ETFs

Credit Suisse hires Joseph Ho as head of ETFs Asia Pacific

Credit Suisse Asset Management has appointed Joseph Ho in the newly created role of head of ETFs Asia Pacific.

clock 14 February 2011 •

Investment

Asset management CEOs buoyed by EM prospects

The CEOs of asset management companies are the most optimistic within the financial services sector, with more opportunities developing as a result of ageing populations.

clock 14 February 2011 •

Term Assurance

Canada Life warns group life schemes of trust deadline

Canada Life has warned intermediaries and group life scheme trustees to be aware of the impending deadline affecting the operation of these policies.

clock 14 February 2011 •

Protection

Amanda Bowe joins Aegon UK

Former head of the RDR at the FSA Amanda Bowe has joined Aegon UK as group compliance director.

clock 14 February 2011 •

Your profession

Wealth manager Michael Moore joins Succession

Michael Moore (Life & Pensions) has become the latest business to join consolidator Succession Advisory Services.

clock 14 February 2011 •

Your profession

OFT clamps down on gold-for-cash firms

The Office of Fair Trading (OFT) has warned firms offering to buy gold from consumers by post to tighten their business practices and provide more information on their prices and services.

clock 14 February 2011 •
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