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News

Europe

Eurozone GDP growth biggest since 2006

Eurozone gross domestic product grew at its fastest pace in more than three years in Q2, official figures show.

clock 13 August 2010 •

Your profession

PosSol close to clearing case check backlog

Positive Solutions is close to clearing a case checking backlog which was resulting in delayed commission payments to some advisers.

clock 13 August 2010 •

Investment

Warning on mass exodus from DB schemes

Pensions experts are warning of a mass exit from contracted out DB schemes as the DWP consults on plans to abolish transfers to DC alternatives.

clock 13 August 2010 •

Mortgages

First Direct struggles to service applicants lured by £99 fee

First Direct customers are facing a month wait for mortgage interviews after demand soared when it slashed application fees to £99 at the start of July.

clock 13 August 2010 •

Economics / Markets

Aviva bid speculation boosts FTSE

Insurers rallied on Friday following speculation over bid interest in Aviva's general insurance business.

clock 13 August 2010 •

Your profession

PFS sends chartered 'champions' on UK promo tour

The Personal Finance Society (PFS) has appointed 21 financial planners as ‘Chartered Champions' to promote the professional status across the UK.

clock 13 August 2010 •

UK

IFAs rush to insure against HMRC probes

IFAs are increasingly taking out business disruption insurance against regulatory investigations, according to a City law firm.

clock 13 August 2010 •

Protection

Aviva 'rebuffs £5bn RSA approach'

Aviva has turned down an estimated £5bn bid from rival RSA for its general insurance operations in the UK and other markets.

clock 13 August 2010 •

Regulation

Rockingham advice permissions withdrawn by FSA

Pension adviser Rockingham Retirement has been ordered to cease all investment advising activities by the FSA.

clock 13 August 2010 •

Economics / Markets

German GDP surges in second quarter

German GDP grew 2.2% in the second quarter, the largest gain in more than 20 years.

clock 13 August 2010 •
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