Around two thirds of people disagree with the attitude to risk given to them by risk profilling tools, Axa Wealth has claimed.

Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.

Chancellor George Osborne will delay auto-enrolment for small businesses as part of his strategy for growth, reports have claimed.

SIPP provider Pointon York has taken itself off the market after a two-month sale process.

The 50p tax rate is ineffective in raising revenue and encourages young wealth creators to hide their money abroad, a think tank has said.

European Wealth Management Group, the firm set up by ex-Ashcourt Rowan chief executive Rod Gentry, has bought Aventus Capital Management.

The Investment Management Association (IMA) has denied pension fund managers are excessively trading assets and hiding the cost this presents to consumers.

Friends Life will widen its annuity product range and ramp up its consumer marketing next year in a bid to avoid losing its existing savers, and to capture more when it becomes an open market option (OMO) provider.

Trade unionists have released a cover of the Bryan Ferry classic "Let's Stick Together" in a bid to gather support for strikes against public sector pension cuts.

Pension fund managers are creating £3.1bn in undisclosed extra costs to consumers by excessively trading assets, new research has suggested.