News

Skipton Building Society has revealed details of a data blunder which led to customer details being sent out to over 3,000 other account holders.

Virgin Money chairman Brian Pitman has confirmed rumours the bank is interested in buying Lloyds and Royal Bank of Scotland branches.

Jupiter multi-manager head John Chatfeild-Roberts has taken over the group's CIO role from Edward Bonham Carter.

The equity release industry has spoken out against calls from the Society for Equity Release Advisers (SERA) to ban telephone-based equity release advice.

Legal and General has re-vamped its income protection product on its menu plan.

Pension funds are increasingly using ETFs to gain liquid access to fixed income, according to industry experts.

A group of 17 Artemis fund managers and key staff have agreed to a five-year lock-in preventing them from leaving or selling shares in the company before 2015.

Investec Asset Management's AUM has risen to an all-time high of £41bn after a record £3.7bn net inflow in the nine months to end December 2009.

IFA Almary Green has linked up with Principal Investment Management and Skandia Investment Solutions to launch six risk-rated model portfolios.

RBS bankers will receive their bonuses entirely in shares - but can convert a large portion into cash within 12 weeks.