The FTSE 100 opened higher at 4,420 this morning recovering previous ground lost after a boost from Wall Street overnight.
By 8.23am, the blue chip index was 0.7 per cent higher at 4,438 from Monday’s close of 4,405 with banks holding up gains.
Barclays was 1.3 per cent higher at 287.50p, Lloyds Banking Group was 3.8 per cent higher at 63.40p and Royal Bank of Scotland was 1.7 per cent higher at 35.90p.
West Bromwich is working to put together a £182m rescue package in the run up to the publication of its year end results.
Standard Life is looking at targeting consumers directly with its platform.
Pension Insurance Corporation has announced a buy-in agreement with the trustees of the Warwick International Group Pension Scheme.
The CF Ruffer Japanese fund aims for growth by investing mainly in Japanese equities but its wide remit allows for investment in other assets and regions if deemed necessary.
One of the best sources of new business is your existing clients and, if they are estate planning clients, regular reviews are needed because people’s inheritance tax (IHT) problems tend to only get worse. Now, not a lot of things remain at the same rate as in 2009. If we turn the clock back, it […]
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Discretionary fund manager Beaufort Investment has promoted internally to fill the position of chief investment officer and has also appointed a new funds research executive. Beaufort Investment is part of the vertically integrated Beaufort Financial group. Head of portfolio construction Shane Balkham has been appointed as CIO and investment analyst Emma Clarke has been named […]
New Leodis Wealth chief executive on supporting clients through the chaos caused by the UK’s exit from the EU The long and tortuous road to Brexit has taken us from a political soap opera to what many regard as a tragedy over the past two-and-a-half years. Whatever drama is yet to unfold, the message that […]
Consulting director at The Lang Cat Steve Nelson talks making sure clients know what they’re buying and the joys of research ahead of his appearance at Money Marketing’s flagship conference. What one word or phrase do you think sums up the state of the financial planning profession today? I’m going to defer to our adviser […]