Profits at Prudential UK fell flat last year, barely upticking from the year before, as the rush to sell onshore investment bonds subsided following the introduction of the Retail Distribution Review (RDR).
The state pension age should rise to 70 by 2040 - more than 20 years earlier than scheduled under government changes - the former chairman of the Financial Services Authority (FSA) Lord Adair Turner said last night.
Readers of Professional Adviser and IFAonline.co.uk have helped raise more than £8,000 for the Stroke Association, a charity that is supporting Institute of Financial Planning (IFP) chief executive Nick Cann in his recovery from a stroke.
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The Financial Services Compensation Scheme (FSCS) has said its investigation into the viability of investor claims against major Harlequin distributor TailorMade Independent is ongoing.
National Employment Savings Trust (NEST) director of communications and engagement Graham Vidler has quit to join the National Association of Pension Funds (NAPF).
The Labour Party has confirmed its policy to restrict higher-rate pensions tax relief to fund job creation will be in its 2015 manifesto.
Barclays Stockbrokers has cut the charge on its self-invested personal pension (SIPP) just weeks after revealing its clean pricing structure.
Aviva has overhauled its income drawdown offering and launched a flexible product to give retirees more choice when taking retirement income.