News

The new Government has announced plans for a total shake-up of financial services regulation to conclude in 2012, which is also the deadline for IFAs to meet RDR requirements.

The spread on Spanish government bonds over German bunds reached an all-time high today on continued economic concerns for the Mediterranean country.

Fidelity's Tom Stevenson discusses the ‘distressing' element of today's unemployment figures and why the Chancellor is walking a tightrope ahead of the Budget.

Cofunds believes there is still time to influence the FSA and prevent a proposed ban on fund manager rebates and bundled charges as the regulator's response to the discussion paper is set to be delayed until September.

SVM will rename its UK 100 Select fund as UK Growth and change its benchmark to the FTSE All Share to more accurately reflect the portfolio's investment remit.

Standard Life and Zurich are two of the major winners in this year's International Fund and Product Awards organised by Professional Adviser.

Premier has transferred the management of its £23m Alpha Growth fund from PSigma's Bill Mott to former Gartmore manager Simon King.

A new multi-asset company, which uses the investment expertise of former Insight pair Patrick and Ana Armstrong, is being launched offering advisers equity stakes.

Senior Jupiter managers Tony Nutt, Philip Gibbs, Edward Bonham Carter and John Chatfeild-Roberts will together own almost 14% of the group following the IPO, valuing their stake at more than £105m.

The FTSE started the day positively buoyed by a strong start for bank stocks and increased hopes of a global recovery.