News

UK retail sales rose by a worse than expected 0.4% from February to March, figures from the Office for National Statistics (ONS) show.

Deutsche Bank has released an ETF tracking the Australian money market, listed on the Singapore Exchange (SGX).

Close Asset Management has appointed an intermediary client adviser to help IFAs plan for the RDR.

Nucleus has posted a record first quarter with total assets on the platform now standing at just under £1.5bn.

UK Government borrowing reached a new peak in 2009/10 but undershot the figure forecast in the Budget.

The FTSE 100 was up by just 1.21 points at 5,724.64 in early trading as investors await government borrowing and retail sales figures due out later today.

David Elms, the former chief executive of IFA Promotion, died on Tuesday following a short battle with cancer.

The G20 group of rich and poor countries is likely to make rapid progress on a radical IMF plan to tax the world's financial institutions in the hope of reaching a deal by the end of the year, the chancellor, Alistair Darling, said today.

SIPP exit fees have become so high they are breaking TCF obligations, according to Dentons Pensions Management.

Invesco Perpetual's Neil Woodford is one of a trio of highly regarded managers appointed to run balanced managed unit trusts for St. James's Place.