News

Investment banking giant Goldman Sachs will pay a record $550m fine to settle the SEC's fraud probe into mortgage-backed securities.

The FTSE 100 regained some of the ground it lost today in late trading, but still closed down 0.8% lower at 5,211 points.

Kerrie Kelly has left as head of the Association of British Insurers (ABI) after barely six months in the post, according to reports.

StructuredProductReview.com has launched an advertising campaign underlining its value in helping advisers find the right structured products in an ever-growing market.

Actively managed ETFs that aim to outperform a given benchmark need transparent and efficient servicing processes to be competitive, according to State Street.

Sheffield-based Burley Financial Services has taken an equity stake in Nucleus, becoming the IFA-owned wrap's 75th member firm.

The Government today proposed bringing to an end rules forcing pension investors to buy an annuity at a specific age.

The government is set to scrap the requirement to purchase an annuity and abolish alternatively secured pensions.

The Treasury Select Committee will have the power to veto the appointment of the new chairman of the Office for Budget Responsibility (OBR), Chancellor George Osborne has said.

Commerzbank has boosted its product range with two ETFs providing exposure to China.