Final salary scheme funding jumped back into a £23bn surplus in November - the largest single monthly rise on record, Aon Consulting says.
The pound remained under pressure this morning amid the latest signs of the worsening economic crisis across the globe which sent Asian markets plummeting following a day of steep losses on Wall Street, The Times reports.
Beleaguered fund manager New Star's share price has plummeted again this morning as investors are left reeling from another dire 24-hours for global stock markets.
The Personal Accounts Delivery Authority (PADA) may appoint a panel of insurers to provide annuity options to scheme members, it was announced today.
Marketers in the financial sector are fearful for their job prospects, as negative economic sentiment affects anticipated sales performance.
ProFunds Group, manager of short and leveraged funds, has launched 12 exchange-traded funds (ETF) pr...
The FSA has issued further clarification on the required standard of price disclosure on the sale of mortgage payment protection insurance (MPPI) on its website, reiterating that disclosure of the monthly premium alone is not sufficient.
Resonant Music General Partners has hired Guernsey-based RBC Corporate Employee & Executive Services (RBC cees) as administrator to Resonant Music 1 LP, a Cayman Island-registered limited partnership.
HSBC has confirmed it will cut 500 UK jobs following a review of business conditions.
The Retail Distribution Review's (RDR's) consumer-heavy mantra will impair the financial advice arena before it strengthens it, according to the ifs School of Finance.