News

Nationwide has extended a deal with Legal and General (L&G) to offer investment advice in the building society's branches until at least 2016.

Principal Investment Management's parent company has acquired Border Asset Management to create a national discretionary investment management businesses.

Alliance Trust Asset Management has launched six funds on Cofunds.

Pension funds, life offices and equity managers have welcomed BP's reinstatement of dividends after a nine month drought, despite payouts being half pre-spill levels.

The government should increase the state pension age at a greater rate to help boost the economy, a think tanks says.

Manufacturing grew at its fastest rate since 1992 in January as the sector continues to prop up the country's sluggish economy, according to the Chartered Institute of Purchasing and Supply (CIPS).

UPDATE: The UK index of 100 leading stocks had jumped 58.87 points to 5921.81 by 2pm, an increase of 1% led by rising commodity prices as civil unrest in Egypt continues.

The FSA is proposing advice firms contribute 2% less to the regulator's funding next year, a cut of £53 per adviser.

Cirencester friendly has introduced an at home nurse screening program for applicants where further medical evidence is required.

House prices dipped again last month as the sluggish market activity in evidence since last summer continued into 2011, Nationwide says.