News

The second reading of UK economic growth in the last quarter of 2013 remained unrevised, but the current account deficit came in much higher than expected, official data has revealed.

The last week has been one of major upheaval in the world of pensions, after George Osborne's latest Budget removed the requirement to buy an annuity, and the FCA then said it was preparing to probe closed life books. But which shares within the sector...

Aviva Investors has sold its US equity investment management subsidiary River Road Asset Management in an effort to streamline its US business.

Shares in Resolution and peers tumbled today following reports the FCA is to probe 30 million legacy insurance policies.

Baillie Gifford's Sarah Whitley has reduced the number of stocks in her £261m Japan investment trust in a move to make the portfolio more concentrated.

The Financial Conduct Authority is to launch an investigation in to 30 million insurance policies sold across three decades, looking for signs they were "unfair" to customers, according to reports.

ING Investment Management plans to launch two funds in April in order to give UK and European investors broader access to its debt strategies.

Brown Shipley has expanded its Edinburgh team with the appointment of three former Barclays Wealth bankers.

David Jane, founder of Darwin Investment Managers, has bought back into gold and gold miners, in the view the asset bottomed at the end of last year.

Pension charges for workplace schemes will be subject to a 0.75% cap under government plans confirmed today.