News

US stocks have weathered a 7% slump for Dubai's leading index and are back in the black.

The FSSC today published the final standards for the core units that will be in every RDR-compliant qualification developed next year, as well as draft standards for the three specialist units.

A fresh round of job cuts in Lloyds Banking Group today has brought the number of losses since its takeover of HBOS last year to over 15,000.

ISAs should be made tax-free to kick-start a culture of savings and help people prepare for retirement, says Fidelity.

FSA guidance on structured product advice wrongly makes the investments seem unsuitable for consumers with no risk appetite, according to AIFA.

ETFs must be kept simple in structure for implementing investment strategies, according to industry players.

Fortis Life UK has linked with Sesame to give its advisers access to its range of protection products.

Aberdeen Asset Management reported a drop in pre-tax profits for the year to the end of September of 82% to £10.5m, down from £60.5m the previous year.

Claymore Securities will close and liquidate four of its ETFs, with the last day of trading on December 11.

HSBC is launching a discretionary portfolio service for high net worth clients which will provide access to a range of asset classes.