News

Lord Myners, the City minister, has called for an independent review into the investment banking industry which has "permeated so many corners of society".

The major UK banks are falling as the market absorbs the wider implications of Barack Obama's plans to keep US banks on a tighter leash.

Financial services loses more to fraud each year than any other private sector industry in the UK, according to the National Fraud Authority (NFA).

Wayne Rooney is more deserving of his salary than any fund manager, city trader or CEO, according to a new book by management expert David Bolchover.

Stellar Asset Management is running a series of IFA roadshows on investments which offer relief against income tax, capital gains tax and inheritance tax.

ProShares has launched two ETFs providing leveraged exposure to the US Treasury market on the NYSE Arca exchange.

The average loan-to-value (LTV) on new mortgages hit 70% in December for the first time since April 2009, according to figures from the Mortgage Advice Bureau (MAB).

Network Alpha to Omega has been told by the FSA it is unable to take on any new business.

Darius McDermott, managing director of Chelsea Financial Services, was awarded the IFA Personality of the Year title at the Professional Adviser awards last night.

The head of AXA UK has highlighted healthcare as one of the biggest challenges facing the next government and believes the private sector could come to its aid.