News

Toby Strauss, the chief executive of Scottish Widows, has said the pensions industry is in danger of "breaching its capacity to cope" following the far-reaching changes announced at Budget 2014, unless it is afforded some breathing space by policymakers....

Julie Dean, lead manager on the Schroders UK Opportunities fund, is leaving the company and handing over her fund to Matt Hudson.

Charles Stanley has warned its next round of results will miss market expectations as the business continues to feel the squeeze on its commission income, while in a separate move it said it had sold Henry Dixon's Matterley fund to Miton Group.

Sterling tumbled in overnight trading and was poised for further losses today after the latest poll showed Scotland is on course for independence.

The bears are "sharpening their knives" for Japan despite encouraging signs in the longer term, the managers of the Ruffer investment trust have warned.

Quilter Cheviot, the UK's second-biggest independent wealth management group, has rejected a £600m bid from Old Mutual, according to a report.

Oil majors can rebound

The US economy added 142,000 jobs in August, well under the forecast 230,000 figure, according to latest figures which have prompted a fresh rally in US treasuries.

R&M UK Equity Income

Bond managers have said the European Central Bank's move to cut rates and start buying asset-backed securities in Europe means it is now unlikely to implement a mainstream QE programme.