News

The Government is today expected to unveil an overhaul of the way the City of London is regulated in the wake of the worst financial crisis since the Great Depression, reports The Telegraph.

The FTSE 100 slipped in early trading on Wednesday after a rocky day on Wall Street saw the Dow Jones shed triple-digit losses.

Insurers are not treating customers fairly by setting up direct-to-consumer annuity services, according to Intelligent Pensions.

Lower property values have pushed the overall value of new lending through equity release plans down 41% from £319m in Q2 2008 to £189m in Q2 2009.

Today, IFAonline turns the spotlight on annuities, providing specialist comment and interactive guides to this growing market.

ETF Securities has released a range of double leveraged and double short funds on the Amsterdam platform of NYSE Euronext.

The Dow Jones has plummeted 77.61 points (0.93%) to 8,247.26 as investors remain jittery about the economy and anticipate a shaky earnings season.

National IFA 2Plan Wealth Management says shareholders may have to wait two years until the firm is profitable, despite reporting a 1000% increase in turnover in 2008.

The strained relations between Britain and Iceland after the collapse of Icesave has surfaced in official documents, which warn the UK it was inflicting damage equal to the Treaty of Versailles.

The OECD is urging policymakers to enforce stricter regulations and stronger governance of private pension funds, the organisation said today.