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News

uncategorised

Aegon enters wrap deal to boost at-retirement offering

Aegon has signed a deal with global wrap provider GBST to help push the insurer's drive into the ‘at retirement' and ‘workplace savings' markets.

clock 21 July 2010 • 1 min read

Economics / Markets

MPC's Sentance again lone voter for rate hike

Monetary Policy Committee inflation hawk Andrew Sentance has once again voted for a rise in UK interest rates.

clock 21 July 2010 •

Individual Protection

Protection sales saving mortage brokers

Mortgage brokers are becoming increasingly reliant on the protection market to survive and are calling for unemployment cover to become standard on income protection (IP), according to new research.

clock 21 July 2010 •

Investment

Fairpoint acquires Moneyextra

Fairpoint Group, the debt solutions business, acquires a 100% share in price comparison company Moneyextra.com.

clock 21 July 2010 •

Economics / Markets

FTSE soars 1.6% on US corporate optimism

UPDATE 12pm: The FTSE 100 index has climbed almost 1.6% in morning trading after strong late gains overnight on Wall Street.

clock 21 July 2010 •

Economics / Markets

OBR chief not 'at whim' of Chancellor

The Chancellor will have no power to solely remove the head of the independent Office for Budget Responsibility (OBR), George Osborne has pledged.

clock 21 July 2010 •

Economics / Markets

Govt double dip fears as bank loans dry up - papers

George Osborne and Vince Cable fear rationing of lending to small firms could reverse the recovery.

clock 21 July 2010 •

uncategorised

Pru attacks 'extreme' tax on unused pension funds

Prudential will lobby the Government to back down over plans to raise the charge on unused pension funds on death, which it says will disproportionately hit basic-rate taxpayers.

clock 21 July 2010 • 2 min read

Economics / Markets

BP to sell $8.7bn of assets to pay spill costs

BP has begun to offload assets aimed at raising cash to pay for the Gulf of Mexico disaster, agreeing the $7bn sale of fields in the US, Canada and Egypt to Apache.

clock 21 July 2010 •

ETFs

Lyxor lists commodity ETFs on Spanish exchange

Lyxor Asset Management has listed 11 ETFs on the Spanish stock exchange, two of which track commodities indices.

clock 20 July 2010 •
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