News

Two of America's most noted financial commentators have argued the recovery of the US economy is not a given, despite the recent uptick in sentiment.

Invesco Perpetual plans to launch a new total return split-cap investment trust, Investment Week understands.

LV= saw new life and pensions sales grow in the first half of 2009 despite falling savings and protection business.

The FSA is expected to this week sanction the bulk transfer of around 200 Park Row advisers to up-and-coming national IFA 2plan Wealth Management in a deal worth a possible £1m.

The FTSE opened lower in early exchanges on Wednesday on concerns global markets are outpacing the real rate of recovery.

More than half of savers have no long-term financial goals and risk losing motivation, a Morningstar poll reveals.

Australia and New Zealand Banking Group (ANZ) has been fined $5,750,000 by the US Office of Foreign Assets Control (OFAC) to settle allegations it violated the OFAC sanctions regime.

The UK has signed a double taxation agreement (DTA) with Switzerland, enabling both countries to exchange information, designed to prevent tax evasion.

The Dow Jones pushed ahead in early trade after its Labor Day recess, as the market reacted to Kraft's attempt to buy Cadbury.

Canada Life Group Insurance has announced further enhancements to the CLASS (Canada Life Automated Self Service) system, based on feedback from CLASS users.