News

Old Mutual Global Index Trackers has launched an ETF based on the emerging markets with zero fees for a limited period.

House purchase loans in October reached their highest level since December 2007, according to the latest data from the Council of Mortgage Lenders (CML).

In a document released on its website only a few hours before the Chancellor's Pre-Budget Report, the Office for National Statistics laid out the definitive cost taxpayers will have to bear for both the state old age pension and public sector pensions....

Henderson has appointed Mark Harris as head of its £1.13bn multi-manager business, taking over from Bill McQuaker who will concentrate on his head of equities role at the group.

The Cautious Managed sector held on to top spot in the Cofunds sales chart for November for the third consecutive month.

ETFs are generally more expensive than many institutional index products and are an unattractive long-term investment option for most pension funds, according to Watson Wyatt.

The FTSE closed at its lowest level in more than a week Wednesday following falls in energy firms and food retailers.

Dublin-based IFG has agreed to buy Santander's SIPP and wrap arm, James Hay, in a £35m deal.

Tenet's mortgage network LIME has signed a strategic alliance with The Whitechurch Network.

Further Government restrictions on higher-rate tax relief risk damaging long-term savings, insurers argue.