News

Manchester United manager Alex Ferguson yesterday said he had "done everything" to help wantaway striker Wayne Rooney settle at the club, including giving him financial advice.

Legal & General Savings has appointed former head of Standard Life Savings Geoff Towers as MD platforms and distribution as the firm focuses on its RDR business transition strategy.

Bank of England governor Mervyn King last night warned of an unpleasant, "sober" decade ahead and hinted at further QE ahead of today's government Spending Review.

Bank shares in the US dived overnight after a group of investors united to try force Bank of America to repurchase soured mortgages packaged into $47bn of bonds.

Norwich & Peterborough Building Society (N&PBS) and US hedge fund CarVal Investors have agreed a loan to save troubled Keydata backer Lifemark from liquidation.

China has raised interest rates for the first time since 2007 in a bid to stifle inflation and dampen down its overheating property market.

Research from National Friendly has revealed the severity of the escalating long term care issue, with most people unaware of their options.

Swansea-based Estate Capital Financial Management has become the latest firm to join IFA-controlled wrap Nucleus.

A new fund research tool has been launched on independent wrap platform Ascentric, allowing users to access material relating to ETFs and other funds in a single location.

Amundi ETF has expanded its presence in the Swiss market with the launch of 23 funds, boosting its total offering on the SIX Swiss Exchange to 43 products.