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News

ETFs

Schwab unveils managed portfolios of ETFs

Charles Schwab has unveiled a range of managed portfolios comprising ETFs, available through a fee-based advisory programme in the US.

clock 08 January 2010 •

Investment

Woodford: dividends could grow 10% this year

Invesco Perpetual's Neil Woodford believes dividends of the stocks in his portfolios could grow by up to 10% this year.

clock 08 January 2010 •

Industry

Lenders defy rate freeze to up mortgage costs

Millions of UK borrowers will be hit by rising mortgage rates costing up to £1,400 extra a year despite the Bank of England's (BoE) base rate freeze.

clock 08 January 2010 •

Your profession

Virgin Money step closer to building UK retail bank-papers

Virgin Money says it now has a means of developing a UK retail banking business after buying regional bank Church House Trust.

clock 08 January 2010 •

Multi-manager

Aberdeen buys £13.5bn of MM and FoHF assets from RBS

Aberdeen has acquired £13.5bn of long-only multi-manager and fund of hedge fund assets from RBS Asset Management for £84.7m.

clock 08 January 2010 •

uncategorised

Personal Accounts rebranded as NEST

The National Employment Savings Trust - NEST - has been unveiled as the new brand name for Personal Accounts.

clock 07 January 2010 •

Economics / Markets

Afternoon markets: Dow plunges after China raises rates

US shares fell in early trading on the back of interest rate concerns following the Chinese Central Bank's decision to increase its inter-bank rate for the first time in four months.

clock 07 January 2010 •

Economics / Markets

Low interest rates likely for medium-long term - experts

Today's decision by the Bank of England (BoE) heralds a period of low interest rates stretching into the medium to long-term, say experts.

clock 07 January 2010 •

Individual Protection

Protection disclosure row reignites in 2010

Adviser anger over FSA plans to change protection commission disclosure is building ahead of a consultation on the issue in March.

clock 07 January 2010 • 2 min read

uncategorised

SIPP firms slated for poor IFA service

SIPP providers are unaware of widespread dissatisfaction among their IFA customers, according to Investors in Customers (IIC).

clock 07 January 2010 •
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