News

Global emerging market funds have soared in value by 60%, with interest in the sector set to grow further as developed economies struggle with recession, says Defaqto.

Bright Grey says it paid 95% of critical illness (CI) claims in the first six months of the year, its strongest claims paid figures to date.

Deutsche Bank has unveiled two db x-trackers ETFs on the London Stock Exchange, providing exposure to currency in either US dollar or sterling-hedged share classes.

The Financial Services Compensation Scheme (FSCS) could be forced to pay out to hundreds of investors who lost money in Keydata, not just through ISAs, in light of evidence directors knew as early as 2005 their promotional literature was "misleading"...

The UK market will continue to shift towards protection says Aviva's Toby Strauss, after the insurer reported its third consecutive quarter of life sales growth.

Alliance & Leicester for Intermediaries is to be merged into Abbey for Intermediaries from 15 October, creating one intermediary brand - Abbey.

The pension age could be raised to 66 within five years, far sooner than expected, as life expectancy increases rapidly.

Aviva recorded a 21% jump in operating profit in the first half of the year, with the insurer declaring 6% dividend increase.

Barclays has posted profits of £3.95bn for the first half of 2010, up 44% on the same period last year.

Schroders posted a £1.8bn net retail inflow in the second quarter of the year, helping to propel its first half net retail sales to £5.1bn.