Latest News

Schroders loses two income fund managers

Schroders income fund managers Nick Purves and Ian Lance are leaving to join investment house RWC Partners. 

The pair will manage similar income funds at RWC Partners when they join in August.

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Jupiter announces flotation plans

Jupiter Asset Management announced plans for a stock market flotation today in a move potentially capitalising the group at up to £1 billion. 

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Inflation hits 17-month high

Economists have played down fears that interest rates will soon be on the rise after inflation shot up to 3.7 per cent in April - its highest level since November 2008.

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Coventry and Saga launch top savings accounts

Two top paying easy access accounts have been launched, with the rate boosted by a bonus payable for the first 12 months. 

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Prudential launches £14.5 billion rights issue

Insurance giant Prudential has finally launched its record £14.5 billion rights issue to help with its acquisition of AIA Group. 

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The week ahead (17/05 - 21/05/10)

It's set to be another bumper week for the corporate calendar as yet another batch of big names spring into action. 

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Last week's news (10/05 - 14/05/10)

Global markets surged and plunged last week as relief over €750 billion plans to control eurozone debt gave way to doubts. 
 

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What does the coalition government mean for your finances?

On 11 May David Cameron became Britain’s 53rd prime minister.

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Point-of-sale PPI to be banned

The Competition Commission has announced plans to prohibit the selling of payment protection insurance (PPI) at the same time that loans are being issued.

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How to prepare for a hike in CGT

As Cameron and Clegg wave in a new era of a coalition government, there are some pretty big changes on the cards.

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Enhanced compensation scheme announced for Equitable Life

Equitable Life policyholders could finally get the compensation they deserve.

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Retirement age and compulsory annuitisation to be axed

The new government has pledged to create more freedom in the pensions system by ditching the default retirement age and compulsory annuitisation.

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