News

Life, pensions and investment group Royal London is investigating the possibility of launching a 'new form' of with-profits product next year, as the number of traditional policyholders declines.

Forcing fund managers to "slavishly follow" risk parameters ties their hands behind their backs and runs the risk of disappointing investors, Henderson's global head of products and distribution has said.

Advisory businesses are being invited to showcase how they employ technology to support a brilliant customer proposition.

The Money Advice Service (MAS) directory of retirement advisers will shortly include a display of adviser fees and charges to help consumers compare and contrast, following a delay, its chief executive Caroline Rookes has said.

The government is being urged to ban defined benefit to (DB) to defined contribution (DC) pension transfers to minimise "complexity and confusion" once the 6 April retirement 'freedoms' are rolled out.

Wealth management firms are facing more serious consequences from a failure to meet suitability requirements as the regulator puts practices under fresh scrutiny.

Troubled overseas property investment scheme Harlequin has put its headquarters up for sale.

Restricted advice network giant Sesame witnessed a near-30% fall in new complaints in the second half of last year, as customer gripes related to banking and credit cards rose.

The information watchdog is to investigate claims pension data is being sold to fraudsters and cold-callers for as little at 5p without consent, according to reports.

The regulator is to investigate claims that some retirees who use pensions freedom to access their savings will be hit with ‘rip-off' charges, according to the Daily Telegraph.