News

Exchange-traded product (ETP) providers are competing for assets in the commodity space as growth in this sector is expected to slow and as new players enter the market, Deutsche Bank says.

Warren Buffett received a $100,000 salary as Berkshire Hathaway chairman for the 29th straight year in 2009, but paid back the company $50,000 to cover stamps and phone calls.

Moneyfacts has revealed that state-funded banks charged higher than average rates on their products over the last year, despite the Bank of England base rate remaining at 0.5%.

The US and the UK have moved "substantially" closer to losing their AAA credit ratings as the cost of servicing their debt rose, according to Moody's Investors Service.

A Tory government would scrap the 50p tax rate for top earners - but not until at least 2012, George Osborne has indicated.

Direct Life & Pension (DLP) is launching a series of protection training workshops across the UK during April.

Matt King, principal at London-based adviser The Investment Company, has been named the 2010 Adviser of the Year by network giant Sesame.

The FSA will attempt to ‘choke off' consumer detriment before it occurs through its product regulation plans, Hector Sants says.

Individual life cover sold direct-to-consumers (D2C) has overtaken sales of the product via intermediaries at Direct Life & Pensions (DLP) for the first time.

Over half of advisers polled at the Axa Wealth roadshow believe emerging market equities will be the best performing market over the next five years.