Neptune chief Robin Geffen has warned New Star's proposed staff incentive package may not be enough to keep all its top managers at the firm.

Halifax has dropped a controversial clause on its tracker mortgages which prevented it from passing on interest rates once the bank rate fell below 3%.

UK share prices reacted badly to the Bank of England's 1% rate cut and the FTSE100 witnessed a sharp drop following the announcement.

The debate over the new level of qualifications for advisers post-RDR reached new heights this week as intermediaries voiced their concern and anger about its proposals.

The gap between the European Central Bank (ECB) rate and the average interest rate paid on euro offshore savings accounts is narrowing, according to Investec Bank Channel Islands.

The European Central Bank has cut its main refinancing rate by 75 basis points to 2.5%.

Sigma Asset Management has become the latest IFA group to join the Nucleus wrap platform.

The European Commission has called on the UK to allow tax deductions for all pension contributions paid by resident taxpayers to funds established in the EU and European Economic Area.

Euro interest rates have been cut to 2.5% after the European Central Bank (ECB) made the biggest single cut in its ten-year history.

Creating a simplified annuity process for Personal Accounts members could hamper consumer choice, according to providers.