News

Wales-based IFA Buckles Investment Services is set to abandon its previous strategy of only acquiring businesses in the North West with a push South in the New Year.

Long-term insurance premium income fell more than a third in the first nine months of 2009 compared to last year, research suggests.

New mortgage lending increased by 20% to £40bn in Q3 compared to Q2 but it is still well down on the £61bn advanced in Q3 2008, according to FSA figures.

The db x-trackers Hedge Fund Index ETF has reached $1bn in assets under management (AUM) since launch in January.

House prices continued to rise in November - despite an increase in the number of properties available.

Philip Gibbs' new Jupiter Absolute Return vehicle has become the most successful launch of 2009, taking in more than £244m in its fund raising period.

Enhanced annuity sales fell 7% in the third quarter of 2009, in line with industry expectations.

The UK inflation rate in November was the highest in six months, official figures show.

Hospital cleaners are worth more to society than City bankers, according to a report that shows many low-paid workers increase the wellbeing of the nation more than the high-flying and much better-paid financial-sector staff.

Law Commission proposals on non-disclosure would tighten rules over when an adviser is representing a customer and when they are acting for the insurer.