News

St James's Place reported total new business (APE) hit £581.8m in 2010, a rise of 32% compared to £440.8m the previous year.

Goldman Sachs is lifting the £1m bonus cap imposed on its 100 London-based partners last year as the firm begins to hand out multi-million pound payouts to staff around the world.

Investors should shun fixed income assets for high-yielding equities in areas like emerging markets, in order to beat the inflation trap, according to Distinction Asset Management.

Almost half of financial advisers expect the RDR to result in more capital being allocated to ‘star' fund managers, but its effect on other areas of product selection will be more muted, new research suggests.

The launch of a work-based RDR assessment that can be completed in a single day has sparked a new debate over the role and suitability of 'alternative' exams.

The term ‘fund supermarket' is redundant, outdated and misleading and confuses the real debate about which platforms provide the best service and execution, Cofunds says.

BlackRock's US iShares arm has filed with the Securities and Exchange Commission (SEC) for an MSCI China Index fund.

iShares has listed three currency hedged equity ETFs on NYSE Euronext in Amsterdam, three months after the products were launched on the London Stock Exchange.

Medical Care Direct (MCD). has launched ‘Health Link', a healthcare trust fund for businesses and organisations with as few as 100 employees.

PruHealth has revealed its first new product suite since purchasing Standard Life Healthcare last year.