Practicing financial advisers will not have to sit further examinations if the FSA increases the qualification standards for pension transfers.
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The Financial Ombudsman Service (FOS) this week published its latest complaints data for individual financial businesses. Here are some of the stand-out stats...
National Savings & Investments (NS&I) today announced both its fixed interest savings certificates and index-linked savings certificates have been withdrawn from general sale - because they are attracting too much investment.
Capital Economics' Roger Bootle is among 20 of the UK's leading economists urging the coalition to drop the 50p tax rate, calling the top levy a "self-defeating" way for the Treasury to raise money because it risks driving away the nation's wealth creators...
Adviser Sheriar Bradbury says Ivan Massow may be on to something with his new commission refund business...
Entrepreneur Ivan Massow, fresh from launching his new venture which aims to refund 'unearned' trail commission to retail customers, said he is confident the process does not fall foul of HMRC tax rules where it involves pension plans.
Multi family office Fleming Family & Partners (FF&P) has launched a wealth planning business for high net worth clients.
The Lloyds group of companies, including Bank of Scotland and Lloyds TSB Bank, received more than 200 complaints per day in the first half of 2011, according to data published by the Financial Ombudsman Service (FOS).
National Australia Bank is in talks with NBNK, the challenger bank run by former Northern Rock's former chief executive Gary Hoffman, over a merger of its UK operations as part of a bid for the 632 branches being sold by Lloyds Banking Group, plus other...