News

IFDL, the company behind the Ascentric wrap, is reviewing its Fundsdirect business with a view to a possible sale.

Sellers are returning to the housing market but buyer interest is slowing, according to the latest Royal Institution of Chartered Surveyors (RICS) UK housing market survey.

Astor Asset Management has launched a mutual fund of ETFs, combining its Long/Short Balanced ETF programme with active management.

Barclays profits for the first nine months of the year dropped by almost a fifth following a £6.2bn payout of bad debts charges.

Jubilee Financial Products has cancelled the Early Redemption Plan Issue 4 after it failed to meet with new FSA guidelines.

Schroders has posted a £3.7bn net retail inflow in the third quarter of the year, as the asset manager's strong 2009 continues.

Up to 100 jobs will go at Sesame Bankhall as part of post-merger company restructuring, executive chairman Ivan Martin announces today.

Warren Buffett's Berkshire Hathaway has reported a near 200% rise in profits for the third quarter.

Both the industry and the regulator are responsible for the financial crisis and its impact on the UK, according to the FSA's chief executive, Hector Sants.

Aviva fears blanket pension reform will lead to employers switching to Personal Accounts post-2012, just to avoid the burden of extra administration.