News

A paper commissioned by the Financial Conduct Authority (FCA) has found ‘problems at every stage' in the way firms deal with vulnerable consumers.

Hargreave Hale has poached two investment managers from Brewin Dolphin to open an office in Norwich.

Nutmeg has launched a personal pension charging between 0.3% and 1% depending on contribution, and free of set-up or exit fees.

Two firm directors who lost investors about £60m in a scheme the Serious Fraud Office (SFO) branded "an elaborate scam" have had their sentencing postponed following fresh allegations made at the eleventh hour.

More than three quarters of people nearing retirement do not yet know which route they will take to fund later life, according to research.

The government has sold a further £500m of Lloyds Banking Group shares through a trading plan launched in December, taking the total amount of money recovered for the taxpayer from the bank to just under £8bn.

Listed financial services group Tavistock has raised a further £300,000 to be used as working capital following the buyout of network Financial Ltd.

The Chartered Insurance Institute (CII) is to launch a new voluntary exam for advisers wanting to prove their competence around the new pension rules.

Investors in failed fund Connaught who are trying to claw back some of their losses must wait longer in limbo as the regulator admits it has still not brokered a deal to secure redress for them.

The Financial Conduct Authority (FCA) has ruled out conducting a study into competition in the retail platforms market - despite industry concerns - but is planning closer scrutiny of fund groups.