News

Bank of London and the Middle East (BLME) has launched a Shari'ah compliant money market fund in Europe which it claims is the first and largest of its kind.

The managing director of Fortis Life says advisers should ask clients medical questions during the application stage of a protection sale.

Nucleus has added 11 funds in Vanguard's UK range to the IFA-owned platform.

US stocks traded lower as a number of disappointing trading statements curbed recent investor appetite.

There has been a surge in net retail sales of overseas domiciled funds compared to June last year, according to the IMA's Investment Fund Statistics for June 2009.

Investec Bank (Channel Islands) has appointed Stephen Henry as managing director of the international banking group.

Retail investors are starting to pile back into equity funds at the end of a record quarter for sales, according to the latest IMA monthly figures.

Hornbuckle Mitchell has created a dedicated administration team to help IFAs efficiently place new business with the SIPP specialist.

The FSA's fondness for change will be the most likely cause of an IFA exodus over the next three years, research suggests.

Royal London has reported a drop in its pensions and investment business in the first half of the year, blaming market volatility and a weak economic environment.