News
Economics / Markets
Updated 1.45pm: The FTSE 100 dropped 2% in midday trading as uncertainty over the composition of the British government continues.
11 May 2010
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Your profession
The number of complaints received by financial advisers fell in the second half of last year as gripes against banks and building societies doubled due to back-dated bank charge grievances, FSA figures show.
11 May 2010
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ETFs
ETF providers including Lyxor have signed licence agreements with Standard & Poor's to launch funds on the S&P 500 index.
11 May 2010
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Fixed Income
A government auction of £2.25bn of gilts was two-and-a-half times oversubscribed despite uncertainty over the result of the election.
11 May 2010
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ETFs
Amundi has expanded its ETF offering on the SIX Swiss exchange, with the launch of six short fixed-income funds.
11 May 2010
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Investment
Assets under management within fund of funds have reached a record level of £46.5bn, according to the IMA.
11 May 2010
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Investment
Cazenove Capital Management has appointed George Adam from Aegon Asset Management as a UK discretionary sales manager for the north of England, Scotland and Ireland.
11 May 2010
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Critical Illness
The group life and long-term disability markets shrank last year according to Swiss-Re.
11 May 2010
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Your profession
Ashcourt Rowan has appointed Jeremy Rance to join its executive committee as director of planning.
11 May 2010
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PMI
Standard Life has agreed to sell Standard Life Healthcare to Discovery for £138m payable in cash at completion.
11 May 2010
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