News

An increasing number of advisers are seeking information about RDR-compliant qualifications, according to research from unbiased.co.uk.

The Financial Services Compensation Scheme (FSCS) will increase the claims limit for investors to €100,000 from January 2011.

Lawyers representing Norwich & Peterborough (N&P) customers sold Keydata products have written to CEO Matthew Bullock accusing him of seeking "special treatment" over compensation claims which could hit thousands of IFAs.

The government is considering changing the way pension credit is calculated to encourage over-65s to stay in work.

The FSA has fined a firm and two individuals for failures in relation to the sale of Lehman-backed structured products between November 2007 and August 2008.

Fund manager Martin Gray has attacked the failure of governments to adequately overhaul financial regulation.

The Mortgage Market Review (MMR) will set house prices tumbling, says the director general of the Council of Mortgage Lenders (CML).

State Street Global Advisors (SSgA) has launched a new SPDR ETF in the Australian market, providing exposure to domestic shares paying high and sustainable dividends.

The FTSE dropped 0.72% to 5,535.8 in early trading as speculation over government plans to introduce a new bank windfall tax hit shares in the sector.

Dr Andrew Sentance remains the lone member of the Bank of England Monetary Policy Committee to argue for an increase in interest rates.