News

The Financial Conduct Authority (FCA) has handed Deutsche Bank a £227m fine, its largest ever for LIBOR and EURIBOR-related misconduct because the bank tried to hamper investigations by misleading the regulator.

Finalists revealed

The Pensions Ombudsman (PO) has dismissed complaints against Legal and General (L&G) and Scottish Widows after they granted transfer requests worth over £50,000 to a suspicious pension scheme.

Seven Investment Management (7IM) has launched a range of passive equity value funds that aim to outpeform the index by 1%-2% at a lower cost than active funds.

Retirement planning firm Intelligent Pensions has launched a pension transfer service for advisers wanting to help their clients transfer out of defined benefit (DB) schemes.

Clive Balchin had been with Sesame for 18 years but an ever more stringent approach to compliance pushed him to hand in his notice - just days before the group announced it was shutting its investment network.

Retirement specialist Just Retirement has partnered with wealth management technology firm GBST to power its new platform for retirement savings to be launched in the coming month.

Regardless of who is in power after the general election, higher earners are going to see their pension contributions taxed more heavily, according to analysis.

Merrill Lynch International (MLI) has been fined £13.2m by the Financial Conduct Authority (FCA) for incorrectly reporting millions of transactions

A UK financial trader has been arrested over claims by the US that he helped cause the 2010 Wall Street "flash crash".