News

Pensions savings have hit their lowest levels since 2006 as the long term effects of the downturn start to impact on savers' retirement plans, according to research by Scottish Widows.

Standard & Poor's has licensed its new S&P 500 High Quality Rankings index to underlie a PowerShares ETF.

The FSA has fined and banned a former oil futures broker for manipulating the price of brent oil after an "extremely heavy" drinking session.

The FSA today confirmed the departure of head of supervision Jon Pain.

The FSA is consulting on ways to enhance the effectiveness of auditors after saying their work often "falls far short" of what it expects.

The cost to advisers of obtaining a mandatory ‘statement of professional standing' (SPS) certificate and completing their qualification gap-fill requirements by 1 January 2013 could hit £595 each, the FSA estimates.

Updated 15.00 UK time: The FTSE 100 is down 3.05%, or 154 points, to 4917 as concerns about the Chinese economy weigh heavily on investor minds.

Any future increase in ISA limits could be exclusively reserved for green/low carbon ISAs, according to a new report commissioned by the Government.

State Street Global Advisers (SSgA) plans to expand its ETF footprint in Europe and has renamed its French-domiciled fund range to match its global SPDR brand.

The FSA's plans to overhaul regulations governing investment advice will spark a boom in the use of ETFs in the UK, according to BlackRock.