News

The Latin American ETF industry has experienced 45.8% growth in assets year to date, according to the latest ETF Landscape Review from Barclays Global Investors.

The UK Government is expected to announce a deal today with Liechtenstein, the tiny Alpine principality, to effectively end secrecy for Britons who hold accounts in the tax haven.

Friends Provident has signed a contract with technology provider FNZ to provide an enhanced workplace platform to be delivered during 2010.

Sesame made a £1m loss in the first half of 2009, while parent company Friends Provident increased its underlying profits by almost 200%.

Friends Provident's board has recommended shareholders accept the latest acquisition offer from Resolution.

In the US, the largest stocks began a retreat after weeks of gains with the benchmark Dow Jones down 19.34 points to 9,350.73 in early exchanges.

Wealth manager Sterling McCall has moved its investment offering to a discretionary fund management service.

Emerging market ETF sales soared 200% at Lyxor Asset Management during the second quarter to the end of June.

The number of Brits looking into fleeing the UK as a result of the 50% income tax rate hike has jumped, with individuals scrambling to make pension arrangements, according to RBC.

Government plans to gradually raise the retirement age to 68 may be increased to 70, the head of the Pensions Regulator predicts.