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News

uncategorised

Public sector pension value cut by 25%

The value of public sector pensions has been cut by a quarter and future reform will need ‘trade-offs between adequacy and affordability', according to the Pensions Policy Institute (PPI).

clock 23 November 2010 •

Europe

McKernan to head SWIP European credit team

BlackRock's Daniel McKernan has joined Scottish Widows Investment Partnership (Swip) as head of European and UK credit within the fixed income team.

clock 23 November 2010 •

UK

Terry Smith: Why I am not investing in the 'terrible' banks

Fundsmith founder Terry Smith, who was once rated the City's top bank analyst, says there is "not a chance" he would invest in the highly problematic banking sector.

clock 23 November 2010 •

Regulation

RDR debate date changed to 29 Nov

The date for the House of Commons debate on the RDR has been changed to Monday 29 November following a request from the Labour party.

clock 23 November 2010 •

Economics / Markets

Cable and Osborne clash over bank bonus reform - papers

Tensions over banking policy between the Chancellor and the Business Secretary sparked back into life yesterday after Cable issued a strongly worded statement in response to Osborne's hint the reforms could toned down.

clock 23 November 2010 •

Wrap/platforms

Ascentric looks to broaden appeal through new charges

Ascentric has announced a new charging structure as it looks to reach out to advisers placing lower value cases on the platform.

clock 23 November 2010 •

Economics / Markets

FTSE falls 1% as Irish debt fears hit global shares

The FTSE 100 opened down 1% this morning following sharp falls across most global markets on fears the Irish debt crisis could spread to other European countries.

clock 23 November 2010 •

ETFs

Barclays ETF clients double

The number of Barclays Stockbrokers clients holding ETFs in their accounts has more than doubled over the past two years, according to latest figures.

clock 22 November 2010 •

Long Term Care

Homes charging private clients more for long term care - Partnership

Private clients in care homes are charged more than those paying under local authority arrangements, a situation set to worsen, Partnership has found.

clock 22 November 2010 •

Individual Protection

Brits too focussed on protection prices - Datamonitor

UK consumers are putting too much emphasis on price when insuring their lives, according to new research.

clock 22 November 2010 •
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