News

The two percent tax imposed by Brazil on foreign investors could add to the cost of ETFs tracking the country benchmark, according to industry players.

The Church of England has refuted media reports that its pension scheme had succumbed to the "cult of equity" after investing all its assets in equities in the late 90s.

HSBC says it will cut 1,700 jobs in the UK.

The Society of Trust and Estate Practitioners (STEP) has announced the launch of a new qualification, the first dedicated to trusts and estate planning.

A total of 65% of borrowers would only take out a mortgage after speaking with an adviser face-to-face, according to a YouGov survey for Deloitte.

Friends Provident has unveiled a programme to encourage members to take a more active interest in their defined contribution scheme investments.

Schroders' Richard Buxton is set to increase his stake in Lloyds after news of its exit from the Government Asset Protection Scheme and subsequent rights issue plans.

The FTSE 100 dipped below the 5,000 mark today for the first time since 5 October.

Charles Schwab Investment Management has entered the ETF market with its inaugural range of four funds, offering low operating expense ratios and commission-free online trading.

L&G has reported the percentage of UK sales via IFAs fell for the first nine months of the year compared to the same period last year.