View more on these topics

FTSE continues to rise

The FTSE 100 opened at 4,556 and moved higher in morning trades as London equities received a boost from trading in the US and Asia.

By 10.35am, the index was 0.6 per cent higher at 4,589 with help from Legal & General which rallied strongly.

The insurer recouped earlier losses to gain 3.5 per cent to 66.90p while Prudential gained 1.9 per cent to 436.50p.

Banks were also stronger with Barclays up 1.9 per cent to 316.80p, Lloyds Banking Group up 2.3 per cent to 77.90p and Royal Bank of Scotland up 2.7 per cent to 42.33p.



FSA fines HSBC £3m

The FSA has fined three HSBC firms over £3m for not having adequate systems and controls in place to protect their customers’ confidential details from being lost or stolen.

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment