News

Brokerage Goldman Group has taken the decision to stop offering mortgage and insurance advice due to the tough market conditions.

Resolution chairman Mike Biggs says the company's life assurance consolidation project "is now underway" after this morning completing the acquisition of Friends Provident.

Mortgages Direct, the trading arm of property group Spicerhaart, is joining Sesame as one of the network's largest appointed representatives (ARs).

Brokerage Goldman Group has taken the decision to stop offering insurance and mortgage advice due to the tough market conditions.

Around 78% of ETF investors believe emerging markets will supersede the west at the end of the recession, according to an investor survey by iShares.

The FSA is likely to bow to stakeholder pressure by dropping plans to force firms to hold three months' worth of fixed costs as part of its capital requirements for investment advisers, Professional Adviser understands.

Cazenove director of UK advisory sales Robert Thorpe is urging the IMA to consider splitting up the Absolute Return sector to make comparisons for advisers easier as inflows into the funds soar.

Film and TV star Honor Blackman has waded into the battle over compensation for the one million savers who lost money in the Equitable Life fiasco.

The Bank of England today faces the difficult decision of whether to pump more money into the struggling UK economy by expanding its unprecedented £175bn quantitative easing programme.

Net retail sales of fund of funds soared to their highest ever level in Q3 to £1.4bn, more than four times the £297m recorded in the same period last year.