IFAs must act now to ensure clients affected by the change in the minimum pension age do not suffer serious delays which will restrict access to benefits, says Scottish Life.

A cap on tax relief for high earners could raise £10bn a year and help close the gaping public deficit, says the TUC.

The European Union is considering imposing tough new measures to curb the pay of private equity and hedge fund managers in a further clampdown on the sector.

This week Les Scadding and his wife Samantha Peachey-Scadding from Caerleon, South Wales, won £45.5m on the EuroMillions.

Platforms risk being undermined by a lack of transparency and must address some crucial questions if the RDR is to be effective, warns Novia.

The FSA must work with lenders and intermediaries to ensure its new rules for the mortgage market do not create ‘unintended and damaging side-effects' including forcing out good borrowers, CML chairman Matthew Wyles says.

Meteor Asset Management has been given the all-clear over its marketing and sales of Lehman-backed structured products, allowing it to begin launching a range of open-ended funds.

IFAs are being warned to take a cautious approach to commercial property and ensure the asset class is not mis-sold to clients as fears of a bubble grow.

According to the FSA, the new prudential rules for personal investment firms (PIFs) have been created "for the benefit of advisers, not to make things more difficult for them".

Overseas equities offer the best investment returns over the short term, say an overwhelming majority of advisers questioned in a survey.