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News

Mortgages

UK lending slows further in September

House purchase approvals continued to weaken in September reflecting low demand, according to Bank of England figures.

clock 25 October 2010 •

Wrap/platforms

Nucleus AUM passes £2bn

Nucleus has passed £2bn in AUM as it announces another two firms have joined the IFA-owned wrap.

clock 25 October 2010 •

Your profession

IFA websites canabalised by rival firms

IFAs are warning their peers to be vigilant of intellectual property theft after finding their websites have been cloned by rival businesses.

clock 25 October 2010 •

uncategorised

Govt plans to lift state pension to £140 per week

The state pension could be lifted to a £140 per week payment with no means testing, according to new proposals.

clock 25 October 2010 •

Economics / Markets

FTSE climbs 1% as weak dollar boosts miners

The FTSE 100 rose 0.9% to 5,791.10 in early morning trading as a weaker US dollar provided support for mining stocks.

clock 25 October 2010 •

ETFs

Deutsche Bank debuts fixed income ETFs in Switzerland

Deutsche Bank has listed 24 fixed income db x-trackers ETFs on the SIX Swiss Exchange, boosting the issuer's total offering to 72 products in Switzerland.

clock 25 October 2010 •

Investment

Keydata advice threatens livelihood of 120 factory staff

A Yorkshire factory risks closure after an IFA put £2m of the firm's pension scheme money into failed investment company Keydata.

clock 25 October 2010 •

Economics / Markets

CBI warns of decline in British competitiveness - papers

Business leaders have issued a fresh warning today about Britain's competitiveness, releasing a survey of leading executives which suggests the country is slipping behind its international rivals.

clock 25 October 2010 •

Economics / Markets

Household spending slump risk to Govt growth plans

The Government's plans to return Britain to growth have been dealt a major blow as new figures reveal household spending fell in October at its fastest pace since January, while debt levels rose for the first time in nine months.

clock 25 October 2010 •

Life Office

Co-op seeks buyer for £18bn life insurance business

The Co-op may sell its £18bn life insurance business in a re-organisation instigated by new CEO Neville Richardson.

clock 25 October 2010 •
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