News

Nucleus CEO David Ferguson has revealed the IFA-owned wrap will be profitable in a matter of weeks and says February has been a stand-out month in terms of inflows.

Greece has greatly threatened its chances of an EU bail-out by slamming Germany over war-time atrocities and accusing Italy of hiding public debt.

A third - or almost 30,000 - of all consumer complaints referred to the financial ombudsman (FOS) in the second half of last year were against just three high street banks.

Aegon UK today unveiled Adrian Grace as its new chief operating officer (COO), life and pensions, as the company seeks to create a "more competitive" business in light of challenges presented by RDR, pensions reform and Solvency II.

The FSA is warning of a "dramatic increase" in overseas fraudsters selling bogus shares using the names, registration details and addresses of FSA authorised firms and individuals.

Standard Life Investments is to make its Luxembourg-domiciled SICAV fund range available to Dutch investors after receiving public distribution status from the Netherlands Authority for the Financial Markets (AGM).

Bright Grey paid 93% of critical illness (CI) claims last year, with just 2% declined for non-disclosure.

Global financial services group Religare Enterprises has approved a $1bn commitment for strategic investments in diversified asset management businesses globally, and approved an initial strategic investment in US-based private equity firm Northgate Capital....

Independent investment banking advisory firm Evercore Partners has acquired key assets of the Private Funds Placement Group of Neuberger Berman.

Amundi has entered the German ETF market by listing 17 funds on the Deutsche Boerse, having boosted its range of products on Euronext Paris to 78.