News

Seven Investment Management's (7IM's) Justin Urquhart Stewart sparked a mini-row on Friday after declaring the RDR would get rid of the "scum" in the investment advisory arena, during a conference on Exchange Traded Funds (ETFs) at the London Stock Exchange....

Db x-trackers has gained distributing fund status for 63 ETFs, meaning any gains made on the disposal of these products by individuals would be eligible for capital gains tax at 18%.

Talks over the transfer of 240 Park Row advisers to 2plan Wealth Management may have fallen through as a result of legislation introduced three years ago to preserve employees' terms and conditions when switching employer.

The ifs School of Finance is hosting a workshop to help adviser firms' senior managers gain a better awareness of the FSA's approach to risk assessment.

The FTSE 100 has fallen below the 5,000 point barrier for the first time since 10 September.

National IFA 2plan Wealth Management this afternoon expressed its "surprise" after learning talks over the transfer of 240 IFAs from Park Row had collapsed.

Talks proposing the bulk transfer of more than 200 Park Row advisers to national IFA 2plan Wealth Management have broken down after the duo failed to agree satisfactory terms.

House prices have returned to 2008 levels, according to Nationwide Building Society.

Deutsche Bank will expand the number of commodities underlying two of its ETFs, to satisfy position limits imposed by the Commodity Futures Trading Commission.

Aviva's chief financial officer is to join the board of Aviva as a non-executive director.