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News

Investment

IFAs favour UK and EM equities for 2010

UK equities, emerging markets, global equities and income funds are the top four asset classes IFAs expect to be recommending to clients this year.

clock 17 March 2010 •

Structured Products

FSA warns on "potentially catastrophic nature" of counterparty risk

The FSA has warned of the "potentially catastrophic nature" of structured product counterparty risk to investors.

clock 17 March 2010 •

Investment

Prudential widens availability of risk-rated portfolios

Prudential has launched its five actively-managed risk-rated multi-asset vehicles on Cofunds and Fidelity FundsNetwork.

clock 17 March 2010 •

Mortgages

Mortgage advisers predict business upturn

Mortgage advisers predict a bumper Q2 as sentiment is buoyed by rising house prices, new lending and improving consumer confidence, research suggests.

clock 17 March 2010 •

Your profession

Unemployment figures fall again to 2.45 million

The rate of unemployment has fallen again and now stands at 7.8%, according to the ONS.

clock 17 March 2010 •

Economics / Markets

MPC voted unanimously to hold interest rates and QE

The Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold its quantitative easing programme and maintain interest rates at their historical low, its minutes reveal.

clock 17 March 2010 •

uncategorised

No time limit on 2% NEST contribution charge

It is impossible to say how long the 2% charge on National Employment Savings Trust contributions will last for, the Personal Accounts Delivery Authority says.

clock 17 March 2010 •

Individual

Word of mouth beats advertising for PMI business - National Friendly

Word of mouth is most effective in securing new Private Medical Insurance (PMI) business for IFAs, according to National Friendly.

clock 17 March 2010 •

Your profession

FSA to spend extra £48m on staff costs in 2010/11

The FSA says it will spend almost £350m on staff costs in the coming financial year after confirming it is hiring an extra 460 individuals to deliver its "intensive" supervisory approach.

clock 17 March 2010 •

Group Protection

Zurich reveals protection microsite

Zurich has launched a microsite dedicated to protection.

clock 17 March 2010 •
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