News

Allan Bridgewater, who died on 5 August aged 74, was a true giant of the insurance industry.

Forecasts used by the Bank of England to set interest rates are biased and contain little useful information, according to a Financial Times audit.

Financial advisers in the US believe the "flash crash" on May 6 was caused by market structure issues, according to a survey commissioned by iShares.

House prices fell for the first time in a year last month, as the supply of properties reached a three year high while demand dwindled, according to RICS.

Prudential is expected to palm off part of the cost of its aborted £24bn bid for Asian rival AIA on to the UK taxpayer.

F&C Asset Management has rejected accusations of bullying in a high court battle over a hedge fund joint venture hit hard during the credit crisis.

Mortgage giant Freddie Mac has asked for $1.8bn in assistance from the US Government after it suffered its fourth consecutive quarterly loss on continued bad home loans.

Advisory firm the Lighthouse Group has offloaded pensions provider City Trustees to Mattioli Woods for £1.85m.

Advisers have been urged to check will writers they recommend to clients are members of a recognised trade body, as a Panorama investigation uncovers malpractice in the unregulated sector.

The whole of Savills Lending Solutions' workforce has been placed into consultation.