News

The FTSE 100 opened slightly down, dipping 0.02% or 0.84 points to 5,246 in early trading, as BP posted worse then expected fourth quarter results.

The Luxembourg financial services regulator has suspended the securities of Lifemark S.A from trading on the Luxembourg Stock Exchange.

A new sales and support centre has been opened by Bupa in southern Spain.

The FSA has censured a London-based stockbroking firm for repeated failures by its appointed representative where customers were forced to buy shares they did not want.

The ISA season has opened with a strong drive to global and UK equities, according to figures from Skandia.

Legal and General is now offering the facility to apply for different sums assured for term assurance and critical illness cover.

Royal London Asset Management (RLAM) is planning to convert a further four unit trusts to Oeics at the end of February 2010.

Consumer watchdog Which? has launched a telephone helpline offering information and guidance on personal finance for its members.

A single-issue political party, focusing on pensions reform, has been launched by former National Association of Pension Funds (NAPF) chairman, Robin Ellison.

Artemis has been the subject of a management buyout, involving a US asset manager.