The Financial Services Compensation Scheme has outlined how it will distribute money it recovers from its holding in the Lifemark life settlement vehicle, which is set to make an initial distribution of 7.5p in the pound.
(Update) Markets rally and the FTSE 100 hits a new 13-year high after the head of the US central bank vows to keep on printing money.
Legal & General Investment Management (LGIM) has appointed Emiel van den Heiligenberg as head of asset allocation.
In December 2012 AXA Wealth International announced it could facilitate adviser charging from inside and outside the bond on its offshore products Evolution, Estate Planning Bond and International Portfolio Bond.
Vanguard Asset Management has launched four exchange traded funds (ETFs) providing low-cost exposure to global equity markets.
Brighton-based Antrams Financial Services has recruited former New Model Adviser® cover star Mark Robinson and boosted assets under advice to £450 million.
The government is scrapping rebate taxes for overseas investors as part of its bid to boost the competitiveness of asset management in the UK.
Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth.
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And Tim Cook, Apple‘s chief executive, mounted an emphatic and unapologetic defence of the US technology group’s tax practices.