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News

Mortgages

Mutual mergers will continue in 2010- KPMG

Building society mergers and takeovers will continue but at a slower pace and driven by executive ambition not business distress, according to KPMG.

clock 13 September 2010 •

Your profession

SimplyBiz's Davy slams restricted advice as 'road to nowhere'

SimplyBiz chairman Ken Davy has warned restricted advice will be "bad for the consumer and bad for professionalism".

clock 13 September 2010 •

Investment

Pimco launches retail fund range in the UK

Pimco is bringing two of its giant institutional funds into the UK retail space for the first time with the launch of a new product range.

clock 13 September 2010 •

Economics / Markets

FTSE gains on bank regs relief

The FTSE 100 rose 0.88% or 48.58 points to 5,550.22 boosted by new financials regulation and positive economic data from China.

clock 13 September 2010 •

Economics / Markets

Banks told to double their cash reserves - papers

Financial regulators have reached a deal to force global banks to double the spare cash they hold in the biggest shake-up since the economic crisis nearly brought down the system.

clock 13 September 2010 •

Investment

Woodford: Equities are worth the risk

Invesco Perpetual star manager Neil Woodford believes equity markets can still provide meaningful returns despite the muted economic environment.

clock 13 September 2010 •

UK

Chinese investors circle Pru

A group of Chinese investors are in the "early stages" of considering a bid for Prudential, according to a weekend report.

clock 13 September 2010 •

Investment

N&P hit with mass mis-selling claim

Norwich & Peterborough Building Society will today receive letters from solicitors acting on behalf of 250 customers, demanding compensation for investment advice they received relating to Keydata plans.

clock 13 September 2010 •

Your profession

Pair plead not guilty to murdering adviser

Two men have denied murdering a financial adviser who was shot in the chest at his home in April last year.

clock 13 September 2010 •

Your profession

Standard Life CEO eyes direct sales

David Nish, Standard Life's new CEO, says he is keen to explore other sales avenues outside the financial advisory route including direct to consumer and employer-based.

clock 13 September 2010 •
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