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News

uncategorised

NAPF: Public sector pensions must move to career average

Public sector pensions must be moved from final salary to career average arrangements to become sustainable, the National Association of Pension Funds (NAPF) says.

clock 22 December 2010 •

Economics / Markets

UK GDP growth revised downwards

The British economy grew by 0.7% in Q3, lower than the previously estimated figure of 0.8%.

clock 22 December 2010 •

ETFs

Investors buy US ETFs on back of tax bill

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses European ETF trades for the week ending 19 December

clock 22 December 2010 •

Mortgages

Property values to fall 2% by end of 2011

UK house prices will flat line next year ending 2% lower but the number of repossessions will also fall, according to the Royal Institution of Chartered Surveyors (RICS).

clock 22 December 2010 •

uncategorised

Pensions minister Webb caught by secret recordings

The coalition government's cuts to child benefit for anyone earning over £44,000 is ‘a worry' and answers from the Treasury are ‘not good enough', pensions minister Steve Webb has been caught saying.

clock 22 December 2010 •

ETFs

Deutsche Bank unveils 10 global sector ETFs in UK

Deutsche Bank has launched 10 db x-trackers equity ETFs providing exposure to global sectors on the London Stock Exchange.

clock 22 December 2010 •

Economics / Markets

US markets soar to pre-Lehman high

The FTSE 100 is expected to receive a powerful boost from strong US markets overnight which hit highs last seen before the collapse of Lehman Brothers two years ago.

clock 22 December 2010 •

Mortgages

Brokers spend 25% of time chasing lenders

Brokers spend on average a quarter of their time, equivalent to 1.25 working days per week, chasing cases or putting right errors, according to the latest research.

clock 22 December 2010 •

Your profession

FOS launches consultation on making rulings public

The Financial Ombudsman (FOS) is asking for industry opinion on whether to make its decision-making process and final rulings public.

clock 22 December 2010 •

Your profession

Public sector borrowing hits record high

Public sector borrowing hit a record high in November, said the Office for National Statistics.

clock 21 December 2010 •
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