News

Interest rates could rise substantially to 8% within two years to stave off soaring inflation, new research suggests.

Former Prime Minister Tony Blair has formed his own investment advisory business offering services to high net worth clients and global funds.

The FSA has withdrawn its petition for the winding up of Wills & Co after creditors approved its proposal for a company voluntary arrangement (CVA).

RSA's bid for part of Aviva's general insurance business could still happen but only if the offer is raised by around 10%, according to shareholder Ignis.

Barclays Wealth has relaunched its Regular Income Bond (RIB).

Cofunds head of sales Nick Godfrey and national sales manager Paul Rose have left the company as part of a restructuring of the business.

Aviva Investors has launched its Defined Returns Fund 6 linked to the FTSE 100.

Marketing Innovation Forum has launched a service providing round-the-clock outsourced marketing support for financial services advisers and providers.

Distribution challenges threaten to derail the protection sector from capitalising on "a golden opportunity" to sell, according to Defaqto.

The IFA industry is becoming increasingly polarised between strong and weak players with "radical consolidation" set to hit the market over the next year, research suggests.