News

Exchange-traded product provider Source has seen total assets under management (AUM) in its ETFs and exchange-traded commodities surpass $6bn.

Clarity Financial Solutions has launched a new ‘broker to broker' protection deal for mortgage intermediaries.

A member of the Bank of England's Monetary Policy Committee (MPC) has called for a rise in interest rates for the first time in almost two years.

Writing in the Guardian, business secretary Vince Cable says the impact of yesterday's Budget will be "painful".

Yesterday, the Government said it would work with the industry on "alternative ways" to implement pension tax relief restrictions, including reducing the annual allowance to between £30,000 and £45,000 instead.

A number of consumer groups have warned the DWP a "too broad" review of the 2012 reforms would compromise the "hard-won consensus" on auto-enrolment.

A fall in mining shares on the back of drops in metal prices led the FTSE down 0.8% to 5,202.85 points in early trading.

One of the opening comments in George Osborne's Budget speech was that he was "not going to hide hard choices from the British people or bury them in the small print of the Budget documents".

The coalition Government is rolling out an annual family financial health check as part of its new national financial advice service.

Sterling has strengthened against the US dollar and euro on the back of today's emergency Budget, while gilts have also bounced.