News

Over 500 key mortgage players gathered last night at the London Hilton for the British Mortgage awards in association with Mortgage Solutions.

CommerzBank has unveiled four ComStage ETFs providing exposure to equities and bonds, on the Deutsche Boerse's XTF segment.

The FSA says firms should be charged an exit fee by the compensation scheme (FSCS) if they stop advising on certain products.

A financial manager who swindled more than £2m from Friends Provident has pleaded guilty to eight charges of fraud, a court has heard.

SIPP fees have fallen by up to 11% over the last few years as competition drives prices down - but new FSA rules could limit further reductions, says Defaqto.

Renowned investment guru Jim Rogers continues to avoid investing in the UK, believing the country's "staggering" debt problems are unlikely to improve.

Public sector pensions have been run like an "unstable Ponzi scheme" which threatens to impoverish future generations, according to an independent report.

The European Commission has approved a government loan to cover the set-up costs for the National Employment Savings Trust.

The FTSE 100 suffered a 1.3% drop in early trading as growth concerns in the US led to renewed global jitters.

The Bank of England has made nearly £10bn in paper profits by buying UK government bonds as part of emergency efforts to pump money into the British economy.