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News

Economics / Markets

Unemployment rises to 2.5 million

Unemployment rate has increased to 7.9% for the three months to October, up 0.1% on the quarter, according to latest figures from the Office for National Statistics (ONS).

clock 15 December 2010 •

RDR

Advisers eye long-stop challenge on RDR momentum

IFA lobbying unit Adviser Alliance says the political momentum generated by the parliamentary debates on RDR presents the best opportunity to revise the Review and reveals it has received an offer to fund a judicial review into the lack of a time limit...

clock 15 December 2010 •

Regulation

TSC call for RDR evidence delays professionalism paper

The FSA has delayed a policy statement on its post-2012 professionalism rules until January so it can provide a 'comprehensive rationale' about why it remains committed to the RDR to the Treasury Select Committee (TSC).

clock 15 December 2010 •

Cashplans

Westfield Health reveals record surplus

Westfield Health has reported a record operating surplus for the last financial year.

clock 15 December 2010 •

Investment

FSA cracks under pressure over RBS decision - papers

The FSA will be forced to publish a more comprehensive account of its decision to clear RBS directors of wrongdoing.

clock 15 December 2010 •

Your profession

'Misleading' NatWest advert banned

Watchdogs have banned a TV advert for NatWest which boasts it opens on Saturdays.

clock 15 December 2010 •

Economics / Markets

FTSE closes at highest for two years but falls back today

The FTSE 100 closed at its highest level since 2008 last night but has fallen back in today's trading following late weakness in the US.

clock 15 December 2010 •

Emerging Markets

Mobius: 'record inflows' into GEMs in 2010

Templeton's Mark Mobius believes this year will see record inflows into emerging market funds.

clock 15 December 2010 •

Investment

Gervais Williams joins MAM Funds as group looks to raise £20m

MAM Funds, the recently rebranded Midas Capital and Miton Asset Management, is looking to raise £20m in extra capital, and is strengthening its management team with the hire of Gervais Williams.

clock 15 December 2010 •

Wrap/platforms

Transact reduces charges after increase in profits

Transact has reduced its annual commission charged on investments as the wrap prepares to post an increase in profits for the year.

clock 14 December 2010 •
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