News

The FSA's platform policy paper has been delayed to Q3 as the regulator struggles to formulate final rules on controversial areas including the proposal to ban cash rebates.

Iceland is poised to re-enter the bond market for the first time since the collapse of its major banks.

Andrew Sentance, who yesterday stepped down as a member of the Bank of England (BoE) Monetary Policy Committee (MPC), has condemned the Bank's refusal to raise interest rates.

Three of Ireland's lenders could impose losses of up to 90% on bondholders under plans to see them help pay for the recapitilisation of the country's banking system.

Majedie Investments' subsidiary and manager Javelin Capital is set to launch an emerging markets fund in July.

Financial regulators in Europe have called on the Obama administration to speed up reform of its banking regulations to prevent the world's largest economy gaining an unfair advantage over counterparts.

The Investment Management Association (IMA) could scrap plans to rename the Cautious, Balanced and Active Managed sectors after an outcry from leading investment houses.

Shareholders in Fidelity's Growth & Income fund have voted in favour of its merger into the MoneyBuilder Growth fund.

AllianceBernstein has launched a renminbi fixed income fund for Hayden Briscoe, aiming to capture high yields from Asian bonds.

Rensburg Sheppards Investment Management has changed its name to Investec Wealth & Investment following the firm's full acquisition by Investec last year.