News

Prudential has applied to have its shares listed on the Hong Kong Stock Exchange as part of its plan to buy AIG's Asian assets.

North-east national IFA network Moneygate - recently linked to the purchase of the Alpha to Omega (A2O) network - has selected Ascentric to power its wrap proposition.

Aegon UK, the Edinburgh-based life and pensions business, is thought to be in the sights of Clive Cowdery, who heads the Resolution acquisitions vehicle.

Sharp rises in savings rates for 2009 were driven by lower tax payments, low mortgage interest payments and higher social security payments, not long-term increases in savings, PricewaterhoouseCooper (PwC) analysis suggests.

World stock markets rose after midday on better-than-expected US jobs data.

German Chancellor Angela Merkel has pledged to "stand helpfully by Greece's side" but her economy minister said Germany would not offer a cash bailout.

Van Eck has filed with the US Securities and Exchange Commission to launch two fixed income ETFs, providing exposure to emerging markets local currency debt and investment-grade floating rate bonds.

Seven people have been charged with conspiring to defraud investors through a series of alleged boiler room share scams.

The technology to develop employee benefits platforms is available today, but a lack of common standards makes integration one of the biggest hurdles facing their rollout, says The Platforum.

Major UK companies are looking at exotic alternatives to traditional pensions to help top staff mitigate pension tax relief cuts.