News

Cost is the main consideration for investors when choosing ETFs, with over 60% of current ETF users citing low-cost as a 'very important' factor, according to Morningstar.

A European-wide Systemic Risk Board and three separate agencies will be set up to monitor securities, banks and insurance companies, but Britain has been assured the deal will not weaken its sovereignty.

PruProtect has revealed its new business grew by 98% to £10.9m (APE) in the first half of 2010.

The FSA today said adviser firms' approach to platform systems and controls continues to be a " particular area of concern" as AIFA launched a platforms due diligence guide for members.

Multi-manager stalwarts Gary Potter and Robert Burdett will assume management of the F&C fund of funds range following the departure of Dean Cheeseman.

Pension liabilities for UK private sector final salary pension schemes reached £1.2trn in August.

The ongoing Towry transfer debacle is no closer to resolution because the wealth adviser is not completing its part of the re-registration process, platform Transact says.

RBS has announced a further 3,500 job cuts across England and Scotland in the firm's technical and back office divisions.

Morgan Stanley has begun selling the third tranches of its six-year FTSE Income and the FTSE Bonus Growth plans.

Merchant Capital has launched the second tranche of its Kick Out plan: Emerging Markets.