News and comment
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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire Investment News
- Towergate launches RDR transition service
Thu, 29 Jul 2010 12:07:26 +0100
Towergate Financial is to allow advisers access to its investment proposition and platform as part of a service to help firms prepare for the retail distribution review and improve client communication.
- SC Davies launches global multi-asset funds ahead of RDR
Thu, 29 Jul 2010 11:30:22 +0100
Boutique wealth manager SC Davies Co to launch a trio of funds ahead of the retail distribution review (RDR).
- FSA brings advisers and wealth managers under remuneration code
Thu, 29 Jul 2010 11:20:41 +0100
The Financial Services Authority (FSA) is proposing to widen the application of its remuneration code to investment and financial advice firms, forcing advisers to defer 40% of any bonuses for three years.
- Ignis launches UK Enhanced income fund
Thu, 29 Jul 2010 10:59:31 +0100
Ignis Asset Management has soft launched a second Ucits III fund using a covered call strategy to boost income returns.
BBC Business News
- BT profit up despite revenue fall
Thu, 29 Jul 2010 12:38:36 +0000
BT reports what it describes as "acceptable" quarterly results, with profits sharply higher despite a fall in revenue.
- Results boost AstraZeneca shares
Thu, 29 Jul 2010 12:22:06 +0000
Shares in AstraZeneca rise more than 4% after the drug company reports a rise in profits after strong sales of key drugs.
- China agrees Guinea mining deal
Thu, 29 Jul 2010 12:18:30 +0000
Mining giant Rio Tinto completes a deal with Chinese firm Chalco to enter a joint venture in West Africa.
- 'Older workers can pass on skills'
Thu, 29 Jul 2010 12:01:47 +0000
The government is planning to scrap the default retirement age in the UK from October 2011.
BBC News
- Child heart op ban 'should stay'
Thu, 29 Jul 2010 12:31:44 +0000
Children's heart surgery should remain suspended at Oxford's John Radcliffe Hospital where four babies died, a report says.
- Hunger striker wins burger claim
Thu, 29 Jul 2010 12:27:24 +0000
A Tamil refugee hunger striker accepts £77,500 in damages over newspaper stories he secretly ate burgers during his protest.
- Arizona to challenge law blocks
Thu, 29 Jul 2010 12:20:05 +0000
Arizona says it will appeal against a federal court's decision to block parts of an anti-immigration law hours before it came into effect.
- Couple jailed over boy's murder
Thu, 29 Jul 2010 12:19:12 +0000
A couple who murdered a three-year-old boy in their care, inflicting more than 70 injuries on him, are jailed for life.
