News

Axa has unveiled its new Tailored Selection guided architecture range of 121 funds, selected by its multi-manager arm Architas.

The FTSE 100 opened more than 30 points lower Friday after the US Federal Reserve raised the rate it charges banks for emergency loans by a quarter percentage point to 0.75%.

Henry "Hank" Paulson, the former US Treasury Secretary, admitted that he was wrong to accuse Britain of ruining the rescue of Lehman Brothers.

More than 60 leading economists have backed Alistair Darling's decision to delay spending cuts until 2011, creating a dividing line within the profession on the crucial general election issue of how to tackle the UK's huge public debt.

Two solicitors have appeared at City of London Magistrates Court after being charged with offences in connection with a series of various commercial mortgage frauds.

Proposed legislation which could pull financial advisers under HMRC's ‘tax agent' banner will only affect those "doing something illegal" and not intermediaries "giving honest advice", HMRC says.

The strength of the bond between client segmentation and profitability has been highlighted by figures suggesting just a handful of clients can generate more than a third of a large firm's annual revenue.

The Office of Fair Trading (OFT) has dismissed industry calls to regulate estate agents.

Van Eck Global has released an ETF providing exposure to Egypt on the NYSE Arca exchange in the US.

Groupama Insurances' combined profitability for the UK operations (before tax and amortisation) reduced to £14.1 million (2008: £30.1 million).