News

David Cameron has hinted he is preparing a climb-down on raising capital gains tax (CGT), after the planned move stoked open rebellion from his own party.

Fortis Life UK has announced enhancements to its Protection portfolio, including the addition of the Best Doctors service to its Critical Illness, Income Protection and Real Life Cover plans.

Skandia is to be partner sponsor of the Travis Perkins Senior Masters golf Tournament, as it looks to further build its brand in the sports industry.

Credit Suisse has released its S&P 500 ETF on the Xetra exchange in Germany, with an expense ratio of 0.28% per annum.

Anti-RDR group Adviser Alliance has recruited European Member of Parliament Godfrey Bloom to its ranks as it holds out hope the EU could overturn UK regulations.

The Financial Services and Skills Council (FSSC) has appointed Liz Field permanent chief executive.

Morgan Stanley IQ is launching two structured products which are designed for volatile equity markets.

Mohamed Al Fayed decided to sell Harrods after the pension scheme trustee refused to clear a dividend payment.

Dow Jones Indexes has licensed five new indices to Bank of Montreal (BMO) Financial Group to underlie ETFs listed on the Toronto Stock Exchange.

Franklin Templeton's Mark Mobius has been buying into BRIC stocks in the past month on the belief the current share slump is only a correction in a bull market.