News

Over one in ten workers with a pension have slashed contributions or abandoned saving altogether in the past five years, new research reveals.

A fund manager who claimed bullying was rife at his former employer New Star Asset Management, founded by City veteran John Duffield, has won the right to pursue a claim for compensation at an employment tribunal, the Guardian writes.

Global commercial property markets are showing signs of a recovery as emerging markets lead strong rises for the S&P Property and REIT indices in Q2.

Source has released 18 ETFs tracking the Dow Jones Stoxx 600 Optimised Supersector indices, which the ETF provider recently created in conjunction with Dow Jones.

Financials have helped the FTSE 100 regain its winning streak, with the index up over 1% this afternoon.

Abbey and Alliance & Leicester has become the second biggest mortgage bank in the UK by claiming a 16.3% share of gross mortgage lending in the first half of 2009.

Aviva and Prudential are the most likely to gain from consolidation in the UK life assurance industry, according to Deutsche Bank.

Hundreds of advisers' clients have failed to make any plans to combat their IHT liability, leaving them vulnerable to a 40% tax hit, research suggests.

Capita Financial Managers (CFM) is suspending the collection of the AMC on the Arch Cru funds, which will have a knock on effect on trail commission paid to IFAs.

Investors in some Keydata plans are set to begin receiving income payments, PricewaterhouseCoopers (PwC) says.