Aviva fears blanket pension reform will lead to employers switching to Personal Accounts post-2012, just to avoid the burden of extra administration.
Government pension proposals need a 'dose of common sense' to work in the real world, according to the National Association of Pension Funds (NAPF)
Lloyd Blankfein, chairman and CEO of Goldman Sachs understands "people are mad and bent out of shape" about bankers' actions but says he is just "doing God's work".
The UK life insurance sector has received a negative outlook from Fitch Ratings, following ongoing declines in sales and pressure on earnings.
Standard Life has appointed deputy group finance director, Jackie Hunt, as interim chief financial officer.
SIPP operators are not responsible for providing sustainability reports or for vetting each application they receive for suitability of advice, the FSA's Small Firms and Contact Division has confirmed.
Two individuals and seven businesses thought to be part of ‘boiler room' share fraud activity were yesterday at the centre of the FSA's ongoing clamp down on share fraud.
Lehman Brothers' creditors will have to wait to have assets totaling almost $9bn returned to them after the UK courts today dismissed an appeal to speed up the recovery process.
Demand is exceeding supply across the housing market, with estate agents registering five house hunters to every available property, according to the National Association of Estate Agents(NAEA).
Royal Bank of Scotland reports third quarter losses of £1.5bn following a near tripling of its bad debts write-offs between July and September.