News

BP has returned to banks seeking additional short-term loans to help tackle its growing liabilities following the Gulf of Mexico oil spill.

Net retail fund sales fell below £1bn for the first time in 18 months in May as the Euro area crisis hit investor sentiment, IMA data shows.

Advisers and consumer groups are calling on the FSA to reveal the identity of the two with-profits providers this week referred to its enforcement division.

New pensions minister Steve Webb on auto-enrolment, a new Pensions Act and why regulation "isn't evil".

Share trading in Clarkson Hill has been temporarily suspended after the national IFA failed to submit its annual accounts.

Bankers' bonuses will be subject to new limits from next year, EU members agreed last night, although the rules do not limit the size of bonuses that can be paid.

Legal & General (L&G) has branded advice too expensive to produce products to support the Government's reduction on welfare spending.

Both existing and new international customers can claim premium discounts of up to 20% in a reward scheme launched by Expatriate Healthcare.

The ABI has discounted fears of a pan European regulatory clash, as both the UK and the EU authorities overhaul their supervision of financial services.

Threadneedle absolute return and currency managers Peter Allwright and Stuart Frost are to join RWC as the firm continues its recruitment drive.