News

Jefferies has launched two equity-based ETFs providing exposure to agriculture and industrial metals on NYSE Arca.

The number of complaints against IFAs has fallen in 2009, at a time when complaints against most other financial services firms are rising.

Specialist mortgage lender, GMAC-RFC, has been fined £2.8m by the FSA for unfair treatment of customers who were struggling with their repayments.

Consumers are paying off personal debts despite the continuing recession, according to the ABI's latest Savings and Protection survey.

A national register of IFAs willing to provide annuity advice for people with small pension pots should be created, according to the Pensions Income Choice Association (PICA).

The Bank of England's Monetary Policy Committee (MPC) is likely to vote to pump at least an additional £25bn into the economy, reports The Times.

Standard Life reported worldwide life and pensions sales were 15% lower at £10.5bn for the first nine months of 2009 compared to the same period last year, as falling markets took their toll.

Norway has raised interest rates from 1.25% to 1.5%, making it the first European country to do so since the beginning of the credit crunch.

Commerzbank has unveiled 11 ComStage bond index ETFs on the Xetra platform.

Advisers have expressed their anger the role of the FSA in properly regulating structured products has not been addressed and they are being made the scapegoats for failings in the sector.