News

US authorities have launched an attack on a Swiss banker and lawyer who they believe helped wealthy Americans conceal assets in secret Swiss bank accounts.

Balanced pooled funds strengthened in July with a median return of 6.2%, figures from BNY Mellon Asset Servicing show.

The Dow Jones is higher this morning on improving house price data and a rebound in consumer confidence.

ProShares Trust has released an ETF offering short exposure to long-term US treasury bonds, listed on NYSE Arca.

Investors in structured products sold through collapsed provider Keydata may have to wait another month before finding out if they are eligible for compensation.

AXA Winterthur Wealth Management is calling on the FSA to clarify the position under the new RDR framework for financial advisers who have already reached QCF Level 4.

The Government is not doing enough to help people save for retirement, a survey suggests.

Marketing Innovation Forum is offering free sales advice to IFAs and mortgage brokers.

AXA Distribution Services is in talks to provide access to third party product wrappers through its Elevate wrap platform.

Mortgage approvals for house purchase have risen to a 17-month high, according to the British Bankers' Association (BBA).