News

The average number of intermediary mortgage products rose 4% to more than 2,000 last month while activity levels are also on the up, a study suggests.

Grail Advisors has registered two actively managed fixed income ETFs in partnership with McDonnell Investment Management.

The FTSE opened buoyantly, up more than 49 points to 5,158.28, on the back of strong performance from mining companies, due to higher metal prices because of the weak dollar.

The Financial Services Skills Council (FSSC) has appointed Liz Field as its interim chief executive as it awaits a decision on whether its skills council licence will be renewed.

Lloyds Banking Group has submitted new plans to the FSA in a bid to cut its participation in the government-backed toxic debt insurance scheme.

J.P.Morgan Asset Management (JPMAM) today announced its head of UK operations Campbell Fleming has resigned.

Widely different attitudes to pensions savings mean employers and employees are "sleepwalking into a retirement disaster", new research from BlackRock suggests.

The Financial Services Consumer Panel (FSCP) has welcomed the announcement of FSA action and an industry-wide refund on Mortgage Payment Protection Insurance (MPPI) totalling £60m.

Advisers are more confident now than they were two years ago the RDR will enhance their professional status and reputation, despite continued ill-feeling toward other proposals in the review, research suggests.

The FSA and Mortgage Payment Protection Insurance (MPPI) firms have agreed to refund approximately £60m to customers by the end of 2010.