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News

Your profession

SIFA produces IFA 'checklist' for solicitors

IFAs may have to pass a legal industry 'checklist' on issues such as charging and independence before SIFA members recommend them to clients.

clock 11 March 2010 •

Investment

Pensions could play 'pivotal' role in general election

Pensions could play a pivotal role in voting swings in the general election, Nigel Waterson says.

clock 11 March 2010 •

Economics / Markets

Investec replaces Cowdery's Resolution in FTSE 100

South African banking group Investec will join the ranks of the largest companies in the London market when it replaces Resolution in the FTSE 100.

clock 11 March 2010 •

Your profession

Advisers accused of commission 'cramming' on GPPs

Commission-hungry advisers are "inundating" providers with group personal pension (GPP) quotes to make quick cash before 2012 instead of investing in transitioning their business models, national IFA Origen says.

clock 11 March 2010 •

ETFs

ETFS releases commodity funds in Tokyo

ETF Securities (ETFS) has released a range of 14 commodity funds on the Tokyo Stock Exchange, with trading to commence on 19 March.

clock 11 March 2010 •

Your profession

FSA to test banks against 8% economic contraction - papers

The FSA is to step up its monitoring of banks' financial health by testing them against 8.1% economic contraction, from peak to trough until 2014, and a 13.3% unemployment rate.

clock 11 March 2010 •

Protection

LV= promotes Rowney to life and pensions MD

LV= has promoted Richard Rowney to managing director, life and pensions, replacing the outgoing Rodney Cook.

clock 11 March 2010 •

ETFs

Hua An licenses FTSE 100 for ETF in China

Hua An Asset Management has licensed the FTSE 100 index to create an ETF listed on the Shanghai Stock Exchange (SSE).

clock 11 March 2010 •

Investment

Nomura to advise Red Knights on MUFC bid

Investment bank Nomura will advise the group of financiers eyeing a possible buyout bid for Manchester United Football Club (MUFC).

clock 11 March 2010 •

Your profession

Buffett slips to third in rich list, Gates off top

Microsoft boss Bill Gates has lost his place as the world's richest man, knocking veteran investor Warren Buffett into third spot.

clock 11 March 2010 •
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