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News

Your profession

CISI launches alternative assessment for Level 6

The Chartered Institute for Securities and Investment (CISI) is launching an alternative assessment option for existing advisers from August.

clock 01 June 2010 •

Group Protection

New EAP from Friend Prov.

Friends Provident has launched a new assistance programme as part of a push into the group protection market.

clock 01 June 2010 •

Economics / Markets

OECD inflation stabilises at 2.1%

Annual inflation in the Organisation for Economic Co-operation and Development (OECD) area remained stable in April at 2.1%, although food and fuel prices rose.

clock 01 June 2010 •

UK

Geffen: 'Inconceivable' Pru can push on from here

Prudential nemesis Robin Geffen says it is "inconceivable" the insurer can push on with its plan to acquire AIA after failing to lower the price of the deal.

clock 01 June 2010 •

Economics / Markets

FTSE plunges 2.2% on global fears; BP sell-off

The FTSE continues to fall, weighed down by fears over the global economic recovery and a massive sell-off in BP shares.

clock 01 June 2010 •

Mortgages

Buy-to-let panic selling could flatten UK price growth

Government plans to increase Capital Gains Tax (CGT) are likely to give the UK property market a short-term boost but could restrain longer term price growth.

clock 01 June 2010 •

Protection

Aegon UK appoints new CFO

Clare Bousfield will take over as chief financial officier for Aegon's UK operations.

clock 01 June 2010 •

Economics / Markets

Eurozone banks at risk of £165bn write-downs

Banks in the eurozone will suffer "considerable" loan losses in 2010 and 2011, potentially leading to €195bn (£165bn) in futher write-downs, the European Central Bank (ECB) warns.

clock 01 June 2010 •

Investment

Dr Doom warns on overheating EMs and 'double dip'

Emerging markets are at risk of overheating and advanced economies face years of anaemic growth and could face a ‘double dip', the economist known as Dr Doom warns.

clock 01 June 2010 •

Tax Planning

CGT: Obsorne 'looking to take sting out'

The Chancellor is "listening" to concerns about a planned rise in capital gains tax (CGT), Work and Pensions Secretary Iain Duncan Smith has said.

clock 01 June 2010 •
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