News

Following the news that David Beckham's proposed loan move to Tottenham Hotspur was being affected by insurance issues, Manchester-based broker CBG group has calculated the insurance cost for the short-term loan as being a minimum of £300,000.

Insurance and investment companies could reduce their complaints significantly by improving their administration and customer service, according to a complaints survey.

More than 160 expressions of interest have been made from asset managers hoping to manage NEST's first five investment funds.

Unhelpful commentary and "assumptions" about the FSA's proposals for the mortgage market are proving a "distraction" and impeding the debate, the FSA says.

IFA support services provider SimplyBiz has extended a licence agreement with front-office tech supplier Distribution Technology (DT).

The FTSE has dipped 1% after a steady morning session as sentiment was hit following China's move to curb rising inflation in the country.

Two more senior figures are to leave insurance giant Aegon UK as the company continues a restructuring programme designed to cut operating costs by 25% by the end of the year.

Van Eck Global has filed with the Securities and Exchange Commission (SEC) for a Market Vectors Constant Maturity (CM) Commodity Index ETF.

The European Central Bank has signalled the growing threat of inflation could prompt it to raise interest rates across the eurozone sooner than expected.

F&TRC has released the findings of its inaugural survey of IFA software systems.