News

Dow Jones and Company will sell its stake in Stoxx indices to Deutsche Boerse and Six Group for €206.1m.

The provider, which is now five years old, paid out £7.5m in benefits to customers between 01/01/09 and 31/10/09.

Lord Myners says ‘more needs to be done' before Solvency II can deliver on its promise of significant reform of the insurance industry.

Absence management specialist FirstCare, has acquired Active Health Partners (AHP) increasing the employees it services by 80%.

US equities finished higher in another round of fairly quiet trading on Wednesday, underpinned by upbeat economic data out of China and Japan overnight.

Financial Services Compensation Scheme (FSCS) coverage for SIPPs is overly complex, and should be simplified to make it easier for advisers to understand, according to John Moret.

Legal & General has introduced a multi-product discount through its OLP Connect quote and application system.

Gross lending in the buy-to-let mortgage market grew in Q3 for the first time in two years, according to CML figures.

Schroders' Richard Buxton believes the RDR could flush-out managers who simply track their index while charging hefty management fees.

Better-than-expected unemployment figures and a rosier growth forecast from the Bank of England raised hopes yesterday that Britain was beginning to claw its way towards economic recovery.