NEWS
General UK News
General
Darius McDermott wins IFA Personality of the Year (22/01/10)Darius McDermott, the managing director of Chelsea Financial Services, was last night awarded the IFA Personality of the Year title at at a dinner hosted by the Professional Adviser magazine. The award is voted for by industy professionals and Darius beat off competition from a number of well respec...
Jupiter Launches Two New Funds (27/11/09)These new funds, Jupiter Absolute Return and International Financials will be managed by Philip Gibbs, manager of Jupiter Financial Opportunities.
Jupiter Absolute Return will seek to generate an absolute return independent of market conditions by investing on a global basis in equities, bonds, cur...
ISA limit increases for over 50's (06/10/09)The ISA allowance for the current tax year is to be increased to £10,200 from 6th October 2009 for investors aged 50 and over before 6th April 2010. This gives you the opportunity to increase the amount you invest tax efficiently....
Darius McDermott voted 9th most influential in industry poll (25/09/09)Chelsea Financial Services managing director Darius McDermott has been voted 9th in the annual Professional Adviser's 50 Most Influential supplement, which ranks those who have had the most impact upon financial advice in the past year. Darius has now appeared in this list every year since its incep...
UK Business News
Northern Rock sees reduced losses
Northern Rock says that it made "good progress" in 2009, after reporting a sharp fall in its annual losses.
Banking fraud 'moves to internet'
Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, new research shows.
BA strike action talks to resume
Talks aimed averting strike action by BA cabin crew are due to resume later, after a deadline was extended.
China's exports see big increase
China's exports surged 46% in February, figures show, raising hopes of a strong recovery in global trade.
Payment protection rules delayed
The Financial Services Authority is delaying its plans to combat the mis-selling of payment protection insurance.