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News

Your profession

Bond sales return to 2009 peak - IMA

Bonds funds continued to dominate new inflows in August and helped boost retail sales for the month to a record high, according to the IMA.

clock 29 September 2010 •

RDR

Tenet given CII accreditation to develop J05 alternative

Services provider Tenet has been given prior learning accreditation by the CII to develop, administer and mark an alternative to the JO5 Pensions Income Options exam module.

clock 29 September 2010 •

Your profession

FSA to consult on 'unfair' prudential rules

The FSA has promised to consult with industry on how to ensure its prudential rules are fair for all business models and sizes as firms say they are delaying expansion plans while they await clarification.

clock 29 September 2010 •

Investment

Gold charges above $1,300

Gold catapulted to a new high yesterday, charging above $1,300 an ounce for the first time.

clock 29 September 2010 •

Mortgages

Mortgage broker competes to be The Apprentice

A mortgage broker from Cheshire is among the contenders for the title of Sir Alan Sugar's Apprentice.

clock 29 September 2010 •

Investment

Iceland's former PM on trial over financial crisis

Iceland's parliament has voted to send former Prime Minister Geir Haarde to court over his role in the financial crisis.

clock 29 September 2010 •

Economics / Markets

EU to fine countries posing risk to euro

The European Commission will today reveal plans to fine countries posing a risk to the euro to prevent problems seen in Greece from happening again.

clock 29 September 2010 •

Regulation

FSA torn over rebate ban; Platform paper delayed by months

The FSA is "in a bind" as it reconsiders its position on a rebate ban and other platform-related issues, according to Cofunds CEO Charlie Eppinger.

clock 29 September 2010 •

Mortgages

Housing market activity up on last year but still fragile

Residential property sales activity fell 10.1% in September but remains 4.7% up on 2009.

clock 29 September 2010 •

Hedge Funds

Sarkozy to block EU hedge fund legislation

French MEPs may veto the Alternative Fund Managers Directive (AIFMD) including a key provision for passporting of investment products, which would allow fund managers to sell products across Europe.

clock 29 September 2010 •
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