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News

uncategorised

McPhail calls for reform of trivial commutation

People with several small occupational pensions should be able to group them together for trivial commutation, says Hargreaves Lansdown head of pensions research Tom McPhail.

clock 05 January 2011 •

Economics / Markets

Euro falls as debt fears resurface

The euro has fallen against the dollar amid renewed debt fears in the region as the yield on Portugal's treasury bill sale climbed to nearly double that of its last issuance.

clock 05 January 2011 •

ETFs

Global X leads with aluminium ETF

Global X Funds has launched the Aluminium ETF, described as the first fund of its kind focused on aluminium.

clock 05 January 2011 •

Regulation

FSA pays firm £5k after telling clients it was not regulated

The FSA has made a payment of almost £5,000 and apologised to an investment advisory business after it incorrectly told two of its clients the company was not on its register.

clock 05 January 2011 •

Your profession

Close supports smaller IFAs with Panacea link-up

Close Asset Management has become a sponsor of PanaceaIFA.com in a bid to reach out to smaller IFAs and widen access to its discretionary investment services.

clock 05 January 2011 •

Economics / Markets

Soaring oil prices threaten recovery - IEA

Surging oil prices pose a threat to the economic recovery and nations must look to reduce their reliance on the black gold, says the International Energy Agency (IEA).

clock 05 January 2011 •

Business

Business protection and employee benefits ignored as employers cut costs

Employers are neglecting business protection and employee benefits in a bid to cut costs, according to a new study.

clock 05 January 2011 •

Cashplans

Health Shield reprices schemes

Health Shield has raised premiums for one of its cash plans while adding a lower price level for another scheme.

clock 05 January 2011 •

Investment

BP shares rocket on takeover rumours

BP shares soared 7% to a six-month high on the FTSE 100 yesterday as compensation payouts for its spill in the Gulf of Mexico looked set to be lower than expected.

clock 05 January 2011 •

Economics / Markets

Gartmore shares hit new low on bid talk concern

Gartmore shares dragged on the FTSE 250 yesterday amid fears takeover talks have slowed.

clock 05 January 2011 •
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