News

Schroders' Richard Buxton, manager of the £1.85bn Schroder UK Alpha Plus fund, has been topping up holdings in British Airways during periods of weakness caused by uncertainty over the airline's industrial action.

Martin Reynolds, director of business development at PMS, has decided to leave the firm to pursue new challenges.

Lighthouse Group is stepping up its client sourcing activities as its advisers seek more customers to balance an expected drop off in income "per case" post-RDR.

Banks and building societies are continuing to provide inappropriate investment advice to the very consumers who bailed them out last year, a Which? investigation concludes.

Greece's economy is expected to contract at a higher-than-expected rate this year, says the country's central bank.

ETF Securities (ETFS) has listed a fund tracking commodity three month forward contracts on the London Stock Exchange.

Legal and General has joined the All Net network as its UK partner.

A case against Scottish Widows, brought by a company pension scheme over poor advice, has been rejected in the courts.

LV= paid 90% of claims across both critical illness (CI) and income protection (IP) last year.

The head of Avalon - one of the first platforms to launch in the UK - says the RDR will have very little impact on the high-end of the market.