News

Corporate bonds remain popular with investors according to FundsNetwork, despite IMA figures showing net retail outflows for the sector of £11.8m in October.

UBS has listed an ETF tracking Japan on the XTF segment of the Deutsche Boerse.

The FSA is unlikely to budge on rules forcing financial advisers offering simplified advice to be subject to the same qualification requirements as independent practitioners.

Health insurer CIGNA has introduced a new benefit which will allow members to self refer for physiotherapy to Nuffield Health.

The Association of Financial Mutuals will be launched on 1 January 2010.

The FTSE shed more than 21 points by lunchtime today following yesterday's brief rally, with banks taking the worst hit on continuing concerns over exposure to Dubai debt.

Sun Life of Canada has reduced the allowable level of equity exposure for its income guarantees.

Two insurance brokers have been banned for attempting to cover up a criminal record for fraud.

Total and permanent disability (TPD) cover will be removed from critical illness (CI) policies and replaced by ability-defining headings, the Association of British Insurers (ABI) has confirmed.

Stephen Message has assumed control of the £37m Old Mutual Equity Income and £25m Extra Income funds with immediate effect, replacing Michael Gifford.