News

Veteran investor Warren Buffett has said a Greek exit from the eurozone could be constructive for the region.

The majority of people accessing their pensions for the first time will be overpaying tax, particularly if they withdraw large sums of cash, Prudential head of business development Vince Smith-Hughes has warned.

Tavistock Investments has bought IFA Sutcliffe Solloway Financial Planning and its parent Cornerstone Asset Holdings, completing the deal that formed Tavistock Partners.

More than 100 UK business leaders have backed Conservative economic policies, saying they showed the "UK is open for business" and created jobs.

Prudential chief executive Tidjane Thiam was awarded a £11.8m pay package for his final year as head of the insurer.

Most savers have no intention of taking on the risks of investing in equities once they have begun to draw their pension, research suggests.

A UK fund house has been forced to freeze redemptions on one of its funds, after becoming caught up in an investigation by the Mauritian regulator into an alleged Ponzi scheme.

Restricted network Sesame has said it will no longer offer an appointed representative (AR) option for wealth firms.

Elliott Advisors has responded to Alliance Trust's formal circular to shareholders, rejecting the company's claims and accusing its board of resorting to "personal attacks".

Financial Conduct Authority (FCA) chief executive Martin Wheatley has called on firms to do more to support vulnerable customers, saying their mistakes made difficult situations worse "too many times".