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Aberdeen’s US arm buys fund business

The US arm of Aberdeen Asset Management is to buy American fund management business Nationwide Financial Services.

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A Shaw thing

Sam Shaw is a reporter on Money MarketingHaving returned from sunning myself on a very relaxing holiday in Ibiza, one week back at the MM offices soon beat the holiday vibe out of me.The blow was softened by a last-minute invite to the New Wembley to see England beat Russia in the qualifier on Wednesday […]

FAS annuity ban for trustees

Trustees of schemes that have qualified for the Financial Assistance Scheme have been banned from buying annuities for their members by the Department of Work and Pensions.FAS-qualifying schemes will be stopped from buying annuities for nine months from September 26 to give the DWP time to work through the findings of the Young review which […]

Cameron supports BoE and FSA’s action on Northern Rock but urges more transparency

Conservative Party leader David Cameron says he fully supports the way the Bank of England and the FSA have handled the Northern Rock funding crisis but says there are important questions which need answering.Speaking at a KPMG event this week, Cameron said the immediate priority was to reassure investors about the safety of their deposits […]

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