Advisory firms have successfully adapted to the Retail Distribution Review (RDR) but the cost of regulation remains a massive barrier to development, the Association of Professional Financial Advisers (APFA) has said.
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has deferred taking his annual bonus amid the ongoing enquiry into the bungled announcement of an insurance industry investigation.
The power of social media: Turning your followers into clients
The government's latest Pensions Bill will be laid before parliament today but the timing for the introduction of defined ambition (DA) pensions couldn't be worse, Tom McPhail has said.
US prosecutors have hit Barclays with fraud charges which claim the British lender lied to investors about its dark pool electronic trading operations.
The majority of people approaching retirement want to get their ‘guaranteed guidance' from financial advisers or established consumer organisations not pension providers, research shows.
Revenue from taxes on home buyers and savers looks likely to exceed money hauled in from ‘sin taxes' such as those applied to alcohol and tobacco, according to the Daily Telegraph.
Retirees need to bring home £17,500 a year to secure a "relatively modest but comfortable" retirement, according to research from Barclays.
Annuity provider Partnership is to cut 100 roles as part of a multi-million pound cost saving drive sparked by the Budget changes.
European markets are set to join the global rally which followed the release of a ‘dovish' statement from the Federal Reserve on monetary policy.