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News

Economics / Markets

Cavendish owner reports profit boost

Merchant Securities, the financial services group which earlier this year acquired IFA Cavendish Young, has reported an underlying profit before tax of £289,471 for the six months to 30 September, compared to a loss of £581,575 during the same period...

clock 08 December 2009 •

Income

O'Connor leaves Lincoln after Sun Life deal

Former head of marketing at Lincoln Financial, Simon O'Connor, has left the firm following its purchase by Sun Life of Canada.

clock 08 December 2009 •

Economics / Markets

FTSE down as banks suffer the Bernanke effect

London trading got off to a shaky start this morning after the Fed warned of a fragile recovery in the US.

clock 08 December 2009 •

Mortgages

House prices up 4.2% since Jan - Halifax

House prices went up again last month - marking the fifth consecutive monthly rise, according to the Halifax.

clock 08 December 2009 •

ETFs

Osmosis to launch climate solutions ETF

Osmosis Investment Management will launch a climate solutions ETF, providing access to a range of global companies contributing towards a more sustainable economy.

clock 08 December 2009 •

Technology

L&G launches OLP Connect on mortgage network

Legal & General has rolled out its online new business system to its mortgage network, Legal & General Partnerships Services Limited (LGPSL).

clock 08 December 2009 •

Your profession

UK backing £167bn of overseas bad debt - papers

British taxpayers stand behind more than £167bn of toxic assets in the US, Ireland, the Middle East and beyond, it has emerged as the Treasury disclosed details of what Royal Bank of Scotland has dumped in the state insurance scheme for bad debts.

clock 08 December 2009 •

RDR

Adviser exodus fears exaggerated - report

Forecasts of an IFA exodus in the build-up to 2012 appear unfounded as advisers previously unwilling to take more exams are changing their minds, research suggests.

clock 08 December 2009 •

Investment

Arch cru investors face 3-5 year wait for wind-up payments

Investors in the CF Arch cru range are likely to face a three to five year wait to receive a full realisation from the stricken funds.

clock 07 December 2009 •

Investment

Copenhagen: Conference will create 2010 agreement - managers

Fund managers are cautiously optimistic about the outcome of the UN climate change in Copenhagen, though there is recognition any binding agreement will not materialise until the end of 2010.

clock 07 December 2009 •
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