News

As a bond investor, Jim Leaviss explains why he is "almost" hoping for a hung parliament this morning.

Icelandic authorities have arrested the former chief executive of collapsed bank Kaupthing, in the first high profile arrest following the country's financial collapse.

The FTSE 100 dived 1.52% or 80.94 points to 5,260.99 with banks dragging on the index after Moody's warned UK lenders are at risk of Greek contagion.

John Chatfeild-Roberts, the Jupiter CIO and head of the Merlin multi-manager team, believes while all election scenarios are a possibility, the UK will be forced to accept some harsh fiscal action whatever the outcome.

Several European ETF issuers will be able to launch ETFs on the S&P 500 index as of 17 May, when Standard & Poor's exclusive arrangement with iShares ends.

Investors have been left trying to steer their own way through the financial turmoil of the past year as advisers fail to regularly review customers' investments, research suggests.

The Building Societies Association (BSA) has elected Hanley Economic Building Society chief executive David Webster as its chairman for 2010/11.

UK banks risk having their credit ratings downgraded because of the poor state of the country's public finances, warns ratings agency Moody's.

The fate of trail commission when a client switches adviser after 2012 continued to puzzle the industry this week after Tenet revealed it had received assurances from the FSA it would not be given to the client.

Friends Provident International (FPI) has reported strong Q1 results despite "the toughest economic back drop" in "fragile" Europe.