News

The government's Equitable Life Payments Scheme (ELPS) has now issued over £990.5m worth of payments.

The US economy grew at an annual rate of 3.9% in the third quarter of the year, according to the second estimate from the Department of Commerce.

The Treasury is to give savers more freedom over how they take a tax-free lump sum from their pension pot.

The number of financial advisers has risen slightly since the implementation of the Retail Distribution Review (RDR), although there has been a dip this year, according to new FCA figures.

Lyxor Asset Management has restructured its business into three areas in an effort to achieve an ambitious growth objective over the next three years.

Square Mile Investment Consulting and Research is to provide fund research for Cofunds users in a partnership between the two companies.

Investors are calling for more control over ETF trades executed on fund platforms, many of which are incapable of hosting the vehicles or are currently unable to offer real time trading.

A businessman who wrote a government report that criticised RBS has been told he can no longer remain a customer of the bank, according to the BBC's Panorama programme.

Banking regulators in Jersey have warned consumers and investors not to deal with a bank claiming to operate in the Channel Islands.

Bank of Japan board members were divided on the central bank's decision to unleash surprise stimulus measures at the end of October, minutes of their meeting have revealed.