News

The UK economy remains balanced between recession and recovery, Alistair Darling warned today, saying there are no guarantees the current upturn will continue.

Old Mutual topped the FTSE leaderboard on Wednesday as the index reversed heavy early losses.

A new RDR-compliant diploma which allows advisers to learn within 24 hours if they have passed or failed certain modules is being launched by the Chartered Insurance Institute (CII).

Pension schemes are facing serious risks in the aftermath of the Greek economic crisis, Redington Partners says.

Guillaume Rambourg is to return to Gartmore as an investment analyst as the firm names a new co-manager alongside Roger Guy.

Jubilee Financial Products' head of distribution Ian Millward has left the business to focus on freelance projects.

Goldman Sachs' chief executive Lloyd Blankfein yesterday denied his bank contributed to the US financial crisis by betting some of its own investment products would fail.

The number of schemes closed to existing members will double over the next year, Hewitt Associates warns.

The FTSE plunged a further 50 points in early trade Wednesday as the fallout following Standard & Poor's (S&P's) downgrading of Greece's debt to ‘junk' status continues.

Rob Burdett and Gary Potter will run the combined retail multi-manager business of Thames River and F&C, with Dean Cheeseman to head-up the institutional and Lifestyle range.