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FSCS reveals plans for payouts from Lifemark recovery

by Daniel Grote on May 22, 2013 at 07:51

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.

FTSE rises as Bernanke keeps his foot on the QE pedal

by Gavin Lumsden on May 22, 2013 at 16:58

(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.

LGIM hires head of asset allocation

by Rachael Revesz on May 22, 2013 at 14:46

Legal & General Investment Management (LGIM) has appointed Emiel van den Heiligenberg as head of asset allocation.

AXA Wealth extends adviser charging option for offshore bond range

by Jun Merrett on May 22, 2013 at 12:48

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 boosts ETF range with low-cost product suite

by Emma Dunkley on May 22, 2013 at 11:07

Vanguard Asset Management has launched four exchange traded funds (ETFs) providing low-cost exposure to global equity markets.

Private Wealth's Robinson joins Antrams boosting assets under advice to £450m

by Jun Merrett on May 22, 2013 at 09:32

Brighton-based Antrams Financial Services has recruited former New Model Adviser® cover star Mark Robinson and boosted assets under advice to £450 million.

Government scraps rebate tax for overseas investors

by Rachael Revesz on May 22, 2013 at 07:46

The government is scrapping rebate taxes for overseas investors as part of its bid to boost the competitiveness of asset management in the UK.

Overnight Markets: Wall Street advances on Fed officials' reassurance

by Himanshu Singh on May 22, 2013 at 03:48

Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth.

Citywire Top Stocks Daily News Digest

by Himanshu Singh on May 22, 2013 at 03:46

All the news from across the web about the companies featured in Citywire's Top Stocks.

Wednesday Papers: Dimon wins clear victory to keep both jobs

by Himanshu Singh on May 22, 2013 at 03:18

And Tim Cook, Apple‘s chief executive, mounted an emphatic and unapologetic defence of the US technology group’s tax practices.

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