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News

ETFs

Lyxor celebrates ten years of ETFs

Lyxor Asset Management is celebrating a decade in the ETF industry, having launched its Cac 40 fund on the Paris Stock Exchange in 2001.

clock 27 January 2011 •

Your profession

Goddard: Advisers still don't know what independent means

Industry experts today expressed concerns advisers are still unsure of the post-RDR definition of independence.

clock 27 January 2011 •

Investment

IFAs beat banks on consumer trust

Financial advisers are the most trusted figures in financial services, particularly in the wake of the banking crisis, research suggests.

clock 27 January 2011 •

Your profession

James Hay owner IFG faces £1.1m FSCS bill

IFG must pay £1.08m to the Financial Services Compensation Scheme (FSCS) for its share of the interim levy, with recent acquisition James Hay accounting for £0.94m of this total.

clock 27 January 2011 •

Wrap/platforms

TISA launches re-reg service agreement for platforms

TISA has issued an industry-wide Service Level Agreement which will allow platform providers to start piloting their re-registration procedures.

clock 27 January 2011 •

Wrap/platforms

Capita unveils new version of platform comparison service

Capita Financial Software has launched a new version of Synaptic Comparator - its platform comparison and due diligence service for advisers.

clock 27 January 2011 •

Economics / Markets

Flat start for FTSE despite strong updates

Company updates have had a good reception but London's top share index is pausing for breath after recent strong gains.

clock 27 January 2011 •

Your profession

Gang convicted for £10m 'Ponzi' scheme

Six men have been convicted for deception and money laundering offences which netted them £10m.

clock 27 January 2011 •

Economics / Markets

Dow breaks through 12,000 for first time in 31 months

The Dow Jones broke through the 12,000 level for the first time since June 2008 on Wednesday, following calls for a cut in corporate taxes and a unanimous vote by policymakers to maintain a $600bn bond-buying plan.

clock 27 January 2011 •

Your profession

Adviser Alliance plots long-stop assault

Lobbying group Adviser Alliance is confident it will secure a judicial review into the FSA's decision to remove a complaints long-stop in financial services - and has not ruled out an approach to AIFA.

clock 27 January 2011 •
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