Stealing ideas from Starbucks (Or why success is no accident)
The average annuity today delivers just over £2,000 less income over retirement compared to one bought in March, when the Chancellor swept away the need for savers to buy the product in his Budget, according to retirement specialist MGM Advantage.
Long-time proponent of risk targeted investments Rathbones' chief executive Mike Webb has said the method makes fund managers work harder for investors, and can help advisers stay on the right side of the Financial Conduct Authority (FCA).
A group of investors in troubled overseas property scheme Harlequin have dropped a case against the scheme's chairman David Ames, and his company director wife Carol, that alleged the pair made false claims about the investment.
The hunted: Fresh trends in adviser acquisitions
The Financial Conduct Authority (FCA) is seeking to ban and fine an adviser £290,000 for a series of failings, including that he falsified the signatures of two clients to register them as 'sophisticated' investors.
The Financial Services Compensation Scheme (FSCS) has so far paid out £21.2m in claims related to the collapse of adviser network Alpha 2 Omega (A2O) after finding widespread mis-selling of unregulated collective investment schemes (UCIS).
The UK would have "zero" influence if it voted to leave the EU, the outgoing president of the European Commission has said.
Interest rates should remain low to avoid long-term economic stagnation, the chief economist at the Bank of England has said.
The UK economy will grow by 2.4% in 2015, well below the 3.1% growth expected this year, forecasting group EY Item Club has said.