News

The US market has risen in early trading as investors' positive mood continues following the US jobs report released late last week.

A row between M&G's Tom Dobell and the board of an AIM-listed oil group has intensified after the manager called for new directors to be appointed and labelled the current pay deals for bosses 'excessive'.

The government plans to scrap what it has branded the "failed" approved person regime in financial services and replace it with a new senior persons regime.

Premier Asset Management's Simon King has left the business, amid a re-shuffle at the business which has seen colleague Chris White become head of UK equities.

Rob Thorpe has joined Sarasin & Partners as head of retail as the group recruits three former Cazenove sales managers to its enlarged team.

The FTSE 100 is in the black this morning, buoyed by shares including Royal Bank of Scotland which helped the index shrug-off weak Asian markets overnight.

A ‘mansion tax' on all homes worth more than £2m would cost the owners as much as £36,000 a year on average, according to Whitehall analysis.

Litigation lawyers Harcus Sinclair have written to Capita Financial Managers Limited (CFML) notifying them of a claim against them in respect of a number of ‘sample' Arch cru clients.

Fund managers have voiced concerns ETF trading is increasingly driving the direction of the wider market and exacerbating recent slumps, raising questions over the use of the products in less liquid securities.

Financial adviser and consolidator Perspective Financial has unveiled plans to float on the Alternative Investment Market (AIM) in a move to raise £28m.