Invesco PowerShares has unveiled an ETF portfolio comprising closed-end funds (CEFs) on NYSE Arca.
Jelf Group was forced to cut costs in its financial advice business last year after making an operating loss of nearly £9m.
Record numbers of enquiries were made to the Citizens Advice Bureau (CAB) for debt guidance in the final three months of last year, 24% up on the same period in 2008.
New research from Aviva has shown that the average British household may only have enough cash to cover bills for 14 days if they lost their source of income.
Zurich is publishing new guidance for advisers on the underwriting process for large protection cases.
The Conservative Party yesterday said it aims to complete a radical reform of financial services regulation in just five years.
St James's Place recorded a £2.3bn net inflow last year to reach record funds under management of £21.4bn at end 2009.
Savers with money in Northern Rock will lose the government's 100% guarantee on their deposits in three months' time.
Rathbone Unit Trust Management suffered a £230m net outflow in 2009, taking its total funds under management down to £940m at 31 December.
The FTSE opened marginally higher this morning, rising by 18.7 points, or 0.4%, to 5333.79.