Convoy rebuffs accusations over IPP deal
Convoy Financial Services has sought to reassure investors over its proposed takeover of IPP.
Industry
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South Africa business confidence falls
South African business confidence last month dropped to its lowest level this year.
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Fixed income falls further from favour, fears Fitch
Bonds are falling out of favour with European investors as their debt fears sink deeper.
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ACE Life offers first RMB-denominated plan
ACE Life Insurance Company has launched its first renminbi-denominated life insurance plan.
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Political success drives up European sentiment
Europe’s relative success in dealing with its debt problems is creating positive market sentiment.
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Cyprus regulator warns over another FX trader
CySec has published a warning over another foreign currency exchange provider.
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Investec launches Global Defensive Bond Fund
Investec Asset Management launches Global Defensive Bond Fund.
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Dominion launches QROPS website
Dominion has launched a website containing advice on Qualifying Recognised Overseas Pension Schemes.
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Report: Over-regulation may destroy global savings culture
There is a danger over-regulation could destroy the savings culture, according to a new report.
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Castlestone to close its business and its Ucits funds
Castlestone is to liquidate its business and close its Dublin-domiciled fund range.
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Brooklands Pensions suspends investment into Castlestone
Brooklands has informed IFAs that it will not be making any further investments into Castlestone.
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UK banks to produce living wills
UK banks will have to produce living wills under proposals published today.