News

Online-only advice proposition planmypension.co.uk has been officially launched.

Advisers have started increasing their recommendations to European funds, following in the footsteps of many institutional investors who have started to pile into the sector.

The Dow Jones raced to a near 75-point lead in early trading on Thursday thanks in part to strong gains from aluminium giant Alcoa.

By Hysni Kaso

The European Life Settlement Association (ELSA) has attacked a series of articles in leading newspapers, such as the Wall Street Journal and Financial Times, suggesting life settlements could be the next sub-prime investment disaster.

The summer lull in the mortgage market can be attributed to seasonal decline and was not evidence of another prolonged downturn, the National Association of Estate Agents (NAEA) says.

Aviva is revamping its critical illness (CI) proposition, increasing the sum assured by 400% and adding to the number of conditions covered as part of a raft of changes.

Principal Investment Management has added two senior managers to its investment team as part of its continuing expansion strategy.

The FSA has fined London-based investment bank and stockbroker Seymour Pierce Limited £154,000 for failing to detect employee fraud carried out over three years.

The Bank of England today kept its key lending rate at a record low of 0.5%.