News

Health insurer Universal Provident's AKG financial strength rating has been upgraded from ‘C' to ‘B-‘.

IFA network giant Sesame is set to launch an online RDR forum enabling its member firms to share ideas as they prepare for life after 2012.

Glasgow-based adviser Strategic Asset Managers has joined wrap provider Nucleus as the business prepares for the RDR.

Retail investors exited UK equities in favour of global and regional funds in January.

Deutsche Bank has listed an ETF providing exposure to China on the Singapore exchange SGX, offering European investors access to A-shares through a Ucits compliant vehicle.

State funded banks are becoming less willing to actively compete with privately owned rivals, according to Moneyfacts.

FTSE Group has unveiled an index series designed to provide active returns based on components in its All-World index range.

Iceland voted no to repaying £3.4bn owed to the UK and Holland by an overwhelming majority of 93% in a weekend referendum over the costs of bailing out collapsed bank Icesave.

Ashcourt Rowan has established a five-man executive committee headed by chief executive Mark Cheshire to oversee the new company's strategy and growth plans.

The FTSE 100 edged past the 5,600 mark in early trading Monday, helped in part by a 2% gain for Prudential which has accelerated its plans for a listing on the Hong Kong Stock Exchange.