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PSigma adds fund

PSigma has launched a new global equity fund to be managed by Centre Asset Management fund managers James Abate and Jing Sun.



Increasing capital requirement will stunt lending, says HSBC

HSBC group chairman Douglas Flint says hiking core tier one capital ratios to 10 per cent will stunt lending. Speaking yesterday to MPs in a Treasury Select Committee looking at the Independent Commission on Banking’s proposals, Flint said even a 1 per cent increase in capital requirements will stop banks from lending billions. He said: […]


US uses UK ‘light touch’ regulation as warning

US Treasury secretary Tim Geithner says the tragic ending to the UK’s experiment with light touch regulation should serve as a warning to countries currently overhauling their regulatory regimes. According to a report in the Guardian, at a speech at the International Monetary Conference in Atlanta he urged countries to avoid a “race to the […]


Osborne: We must see pension reform through

Chancellor George Osborne says it is essential that proposed reforms to the state pension age and public sector pensions are completed. Speaking at the launch of the IMF’s report on the UK economy this morning he said calls from the IMF to stand by the reforms have convinced him the need to see them through. […]

Mercer to offer enhanced annuity underwriting on workplace platform

Mercer has linked up with The Open Market Annuity Service to offer enhanced annuity terms to members of its workplace savings platform. Tomas will provide a medical underwriting service to the consultant, with members able to answer a series of questions online, by phone, or via a tailored questionnaire to determine whether or not they […]


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