Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...
Invesco Perpetual has announced Mark Armour will take over as CEO at the end of this year, following the retirement of James Robertson.
Mark Skinner, director of European retail at Henderson, has left the business as part of the latest reshuffle at the asset manager.
Barclays Bank staff who do not feel they can commit to new a new code of ethics should leave, its new CEO has said.
The pound has fallen to a fresh low below €1.20 for the first time in over nine months.
Economist and renowned commentator on Japan, Arcus Investment's Peter Tasker, said in the last 20 years the country has been through the most severe and prolonged bear market ever seen.
Aberdeen Asset Management's multi-manager team is backing equities to outperform this year, and is focusing particularly on Asia, with an overweight to the region.
China's economic growth picked up in the fourth quarter of 2012, but data for the year as a whole showed the country recorded its slowest growth for 13 years.
UK equity income funds are poised to benefit from a decline in sterling as their portfolios reap the rewards of positions in dollar-denominated dividend payers and overseas earners.
After a strong run in equity markets, with the FTSE soaring through 6,100 in the first month of 2013, could history repeat itself via a pullback or even a full-blown correction in the spring months?