News

Lighthouse Group returned to profit last year with pre-tax gains of £600,000 compared to a £1.6m loss in the previous 12 months, latest results show.

HSBC's senior executives have apologised to a committee of MPs for the failings in its Swiss private banking arm which meant clients avoided paying millions in tax.

The government must shed light on how incoming pension flexibilities interact with means-tested benefit rules, according to shadow pensions minister Gregg McClymont.

The Budget reform package coupled with generation Y's complete disengagement from traditional retirement saving has effectively killed pensions in their current form, according to Michael Johnson.

Simplified advice propositions should include hurdle questions to prevent certain types of client from entering the system, according to a lawyer turned adviser.

The public may view all protection products as "toxic" following the payment protection insurance (PPI) mis-selling scandal, according to the chairman of the All Party Parliamentary Group for Insurance and Financial Services.

Three prominent London Business School academics have calculated the FTSE 100 has a 50% chance of hitting the 10,000 level by 2022, following its recent record-breaking performance.

Network Best Practice is to roll out a direct to consumer (D2C) proposition to its advisers allowing them to offer clients access to some self-service options.

AXA Wealth has moved into profitability following "strong growth across the business", which saw overall funds under management (FUM) increase by 11% last year.

Shares in wealth management group St James's Place (SJP) rose almost 5% after it reported a near-30% rise in profits last year despite a negative contribution from its distribution business.