Up-to-the-minute financial news from various sources
News and comment
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Citywire Investment News
- Old Mutual?s Nickols: Undiscriminating sellers are hurting small-caps
Thu, 24 Jul 2014 14:01:25 +0100
Dan Nickols, manager of the Old Mutual UK Smaller Companies fund, has blamed small-cap tourists for the sector?s recent weakness.
- Legg Mason to buy Martin Currie
Thu, 24 Jul 2014 13:59:56 +0100
Legg Mason has bought Martin Currie to add to its stable of boutiques.
- Brown Shipley to overhaul fund range
Thu, 24 Jul 2014 13:57:43 +0100
Brown Shipley is planning to revamp its suite of funds later this year in a process that will include the launch of two new products.
- AA-rated Lofthouse: 'maverick' tobacco settlements won't stop MA
Thu, 24 Jul 2014 13:51:18 +0100
Henderson International Income trust manager Ben Lofthouse shares his thoughts on recent developments in the tobacco sector in this video.
FT.com - Your Pension
- State pension deferral rate at bottom of range
Wed, 23 Jul 2014 17:14:32 GMT
Actuaries had recommended up to 8.5 per cent versus the 5.8 per cent eventually offered
- State pension deferment rate to be cut
Tue, 22 Jul 2014 14:41:23 GMT
Government says it has taken advice on an ?actuarially fair rate?
- Pensions overhaul under fire from MPs
Mon, 21 Jul 2014 19:39:07 GMT
Proposals for the biggest pensions overhaul in a century were unveiled on Monday but were criticised over the choice of partners to deliver the reforms
- A brave new world for pensioners
Mon, 21 Jul 2014 18:15:36 GMT
Chancellor George Osborne?s reforms must be underpinned by robust rules
Citywire Money, Tax and Property
- How to prevent a midlife mortgage crisis
Wed, 16 Jul 2014 11:31:28 +0100
As lenders clamp down on affordability, borrowers in their 40s and 50s are finding it harder to secure a mortgage.
- Borrowers may have to repay mortgages with pensions
Fri, 20 Jun 2014 09:00:00 +0100
Interest-only borrowers could be forced to use their pensions to pay their home loans, Age UK has warned.
- Homeowners could buy more state pension
Tue, 17 Jun 2014 09:57:48 +0100
Health minister Paul Burstow says pensioners should be allowed to use the equity in their homes to buy more state pension.
- Could a home 'equity bank' help boost pensions?
Fri, 13 Jun 2014 09:00:00 +0100
A think-tank has urged the government to set up a state-backed equity release scheme to enable more pensioners to tap into the value of their homes.
BBC Business News
- Barclays challenges US fraud case
Thu, 24 Jul 2014 14:33:52 GMT
Barclays challenges legal action brought by US prosecutors alleging fraud in its "dark pool" trading operations.
- Europe lifts Tel Aviv flights ban
Thu, 24 Jul 2014 13:22:06 GMT
The European Aviation Safety Agency has joined the US in lifting its ban on flights to Tel Aviv's Ben Gurion airport.
- Carbon concerns over wood burning
Thu, 24 Jul 2014 12:58:56 GMT
Burning wood to fuel power stations can create as many harmful carbon emissions as burning coal, according to a government report.
- GM profits hit by recall problems
Thu, 24 Jul 2014 12:58:38 GMT
Earnings at the US carmaker General Motors slump because of the cost of vehicle recalls.
- Knife hidden in bra killer jailed
Thu, 24 Jul 2014 14:26:35 GMT
A woman who stabbed a businessman in the neck in his car is jailed for eight-and-a-half years for his manslaughter.
- Government to end nuclear waste veto
Thu, 24 Jul 2014 14:26:33 GMT
The UK government wants to scrap a community veto which allows local politicians to block a future £12bn nuclear waste repository.
- Algerian jet missing on Sahara route
Thu, 24 Jul 2014 14:24:43 GMT
Algeria's national airline says contact has been lost with one of its planes flying from Burkina Faso, with one official saying it has crashed.
- 'Elvis' jailed over child sex images
Thu, 24 Jul 2014 14:21:17 GMT
An Elvis Presley impersonator is jailed for a year for downloading and distributing more than 900 indecent images of children.