News

The FSCS is facing angry calls from both IFAs and investors to make its decision-making process more transparent, after two controversial judgments involving Lifemark-backed Keydata bonds and Lehman Brothers-backed NDF products.

BlackRock has launched the iShares MSCI Russia Capped Index fund on NYSE Arca, completing its suite of emerging market single country funds.

AWD Chase de Vere's profits increase by 667% during the first three quarters of 2010, contributing to a turnaround for its German parent.

Thousands of Equitable Life victims who annuitised before 1992 will receive no compensation despite a proposed amendment to include them in the government's repayments package.

Global X has unveiled an ETF providing exposure to Norway, on NYSE Arca.

The number of online search enquiries by consumers for protection products has increased by 39% since the beginning of the year.

Medicals Direct has claimed there is a lack of investment in the Claims function within the UK protection industry.

Former AWD Chase de Vere head of business development Martyn Laverick has been appointed managing director of Jelf Financial Planning.

Payment Protection Insurance continues to top the financial Ombudsman's product complaints list, attracting 11% more claims in the three months to 30 September versus the previous quarter.

The level of compensation due to 10,000 Equitable Life customers who bought with-profits annuities before 1992 would be "impossible to calculate", Tory MP Jonathon Evans says.