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Perspective makes it 19 buys with Equilibrium deal

Perspective Financial Group has acquired Equilibrium Wealth Management and will take on seven registered RIs and 16 other staff members under the deal. Perspective has now bought 19 firms.

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Click closes GI business after payment row

Non-advised protection firm Click has shut its general insurance business, resulting in 80 job losses, with GI staff getting no pay or commission for December. The GI arm, which sold home insurance from the company’s Northwich office in Cheshire, was closed down on December 22. Click says it took the decision to close the business […]

Standard Life creates regional tech consultant roles

Standard Life has created five regional technology consultant roles to support advisers using its Adviserzone platform. The group says the consultants will help advisers use online services to secure business benefits like cost reductions and revenue gains. Advisers are looking to technology in the run up to RDR as they try to de-risk their businesses, […]

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Government looks to stem dramatic house price increases

Housing minister Grant Shapps wants an era of “house-price stability” and says the Government has levers to help foster a slowdown in price increases. Shapps told the Observer he wants a new era of stability where prices rise below the rate of earnings to make property more affordable, especially to young people. He says: “I […]

US Federal Reserve to continue with QE2 plan

The Federal Reserve is set to continue with the second round of its quantitative easing programme as it is not convinced by the signs of improvement in the US economy. According to the Fed minutes from December 14, 2010, the Fed did acknowledge the improving outlook but said the $600bn programme would continue with “the […]

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