News

The FSA is proposing scrapping its current A12 and A13 fee blocks, which encompass advisers, to create a much wider reaching category for firms holding client assets.

Axa Wealth has unveiled plans to expand its wrap proposition Elevate into the Asian market.

Gilt yields have spiked strongly today after the UK recorded twice the expected growth in the third quarter.

'Big Four' accountancy firm KPMG is being investigated over commissions paid during ten years of BAE Systems audits.

The investments, pensions and securities market is the least trusted by UK consumers, and thought as honest as the second-hand car industry by Europe.

The UK's economy grew at 0.8% between July and September, higher than most economists had expected.

Buy-to-let lender Precise Mortgages will start lending to homeowners, in a move which could bring hundreds of millions of pounds of new credit to the mortgage market.

The index of 100 leading shares was down a third of a percent just after opening, as the markets await figures for UK growth.

Billionaire investment guru Warren Buffett says it will be a "sad day" when Goldman Sachs unwinds his profitable $5bn position in the banking giant.

Bank of England Governor Mervyn King has thrown his weight behind breaking up the banks as part of reforms to protect the taxpayer from another financial meltdown.