News

Jupiter's Philip Gibbs has taken a net short position in UK domestic stocks, on concerns about the rising deficit and fears of escalating gilt yields.

The FTSE recovered some of last week's losses in early trading, rising 37.28 points (0.7%) to 5,098.20 with gains from miners and banks.

Major insurers are spending ­millions of pounds of cash reserves to win a larger share of the corporate pensions market, despite evidence that much of the business will prove to be loss-making, according to a leading insurance-market expert.

Hank Paulson gets angry, Gordon Brown gets defensive and Barack Obama is left a little red-faced. It must be Quotes of the Week!

Nucleus has appointed two new IFA firms to its advisory board, which is now seven-strong following its third annual re-election process.

IN Partnership is continuing its growth plans with the addition of Bragagnini Associates Financial Solutions to the network.

The Institute of Financial Planning (IFP) is seeking to create a register of what it calls "genuine" financial planning firms that could benefit from a regulatory dividend and lower professional indemnity insurance (PII) costs.

The Dow Jones dipped in early trading this morning after seeing huge losses on Thursday.

Blue Sky Asset Management has relaunched its Capital Accumulator Autocall Dual Index plan.

A white label web service enabling advisers' clients to apply for ISAs without the need for face-to-face advice has been launched by Sinfonia Asset Management.