News

Hector Sants, chief executive of the FSA, is warming to suggestions he could become deputy governor at the Bank of England under a Tory Government.

As many as 43% of pension fund schemes have no overall risk-mitigation strategy, research by HamishWilson suggests.

The National Association of Pension Funds (NAPF) has told Britain's biggest companies to keep the lid on executive pay and bonuses or risk shareholder revolts, as it steps up its campaign to improve corporate governance in UK boardrooms.

Van Eck Global has unveiled an ETF providing access to small and mid-cap global gold mining companies on NYSE Arca.

Friends Provident International (FPI) reports new business sales fell 24% for the nine months to October 2009 compared to the same period last year.

Aegon UK reports new life and pensions business of £706m for the first nine months of the year, a fall of 24% compared to the same period in 2008.

Annuity advice should be made as widely available as possible, before the industry starts pushing direct-to-consumer options, according to Living Time.

Meteor Asset Management has been given the all-clear over its marketing and sales of Lehman-backed structured products, allowing it to begin launching a range of open-ended funds.

IFAs are being warned to take a cautious approach to commercial property and ensure the asset class is not mis-sold to clients as fears of a bubble grow.

The Society of Pension Consultants has urged the next government to back auto-enrolment soon after it takes office.