News

Fortis Life UK has announced the launch of new partnerships with Direct Life & Pensions and Positive Solutions.

Aberdeen Asset Management is soft closing its £952m Emerging Markets fund to both retail and institutional investors.

Hopes a victorious Conservative Party will do away with the RDR in its current guise after the next General Election are misplaced, network IFA Intrinsic says.

Doodson Broking Group has aquired two key insurance brokers.

The Asian fund market is set to grow by nearly half from US$1.2trn to US$1.9trn in 2014 - a 46% increase, according to Lipper figures.

The Institute of Directors (IOD) has proposed a radical overhaul of the pension system, including a plan to increase the state retirement age to 70.

ETF Exchange, the third generation ETF platform of ETF Securities (ETFS), has seen assets under management reach over $275m, marking an 84% rise in the last two months.

Aviva has cut its market value reduction (MVR) rates on all of its unitised with-profits funds.

European shares rose in early trading this morning, with banks adding most points to the FTSE Eurofirst 300 (up 1.0% at the time of writing); HSBC, Banco Santander and BNP Paribas gained between 1.2 and 2.3%.

Advisers today branded proposals to effectively ban self-certification mortgages "inappropriate", saying they will leave the self-employed unable to access the mortgage market.