The seven-figure sums lavished on Nationwide's top brass have been thrown into the spotlight as it grapples with a £1bn black hole in its finances.

The majority of advisers expect to increase their use of managed solutions and model portfolios as a result of the Retail Distribution Review (RDR), according to research by Fidelity FundsNetwork.

Verbatim Asset Management, the whole of market portfolio management and financial planning arm of the SimplyBiz group, has launched a range of multi-asset passive portfolios called "Total Clarity".

Someone earning the average wage of £26,500 and contributing 8% of their salary under auto-enrolment will need to work until the age of 80 to maintain that income in retirement if they take their 25% tax-free lump sum, according to research by self-invested...

The Financial Conduct Authority (FCA) has agreed a settlement of proceedings in the High Court which will enable it to return approximately £380,000 to investors in a land bank.

The Chartered Insurance Institute (CII) is reviewing the existing standards and eligibility criteria for corporate chartered titles (CCT) to ensure they continue to underpin customers' expectations of a chartered firm.

Short-term borrowing rates in China have soared to record highs as credit seizes up, prompting fears that the country's liquidity squeeze may be spinning out of control.

Mortgage lending hit a five-year high in May providing yet further evidence of the resurgence of the property market.

A sharp fall in factory output in China cast a shadow over the global economy yesterday as the eurozone remained mired in recession.

Paltry returns on 'safe' investments such as cash and gilts have caused three out of five retirees lose out on around £2,400-a-year in real terms as inflation eats into the income they use to supplement their pensions.