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F&C seeking to merge eight funds

F&C is proposing to merge eight of its funds into other portfolios. They include emerging markets ex Pacific Asian equity, European dynamic, FTSE 100 tracker, Japan growth, Latin America equity, managed balanced, managed distribution and UK dynamic funds.

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King nips green shoots in the bud

Bank of England governor Mervyn King warns that the green shoots in the UK economy may not signal the end of the economic downturn and predicts a slower recovery than the bank had previously forecast.

Age concern

As the Isa consultation period closed, providers and advisers anxiously await clarity on the temporary rise in allowance for those over the age of 50.

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