News

Pension administrators will be required to provide HM Revenue & Customs (HMRC) was additional information before setting up new schemes as part the crackdown on pension liberation.

The Financial Services Compensation Scheme (FSCS) has appointed eight law firms to form a new in-house panel, which it expects to manage the majority of its legal advice and representation.

Zurich Life chief executive Gary Shaughnessy has joined the board of the Personal Finance Society (PFS) as an adviser.

Peter Lees has resigned from F&C, two months after handing over his UK equity fund to other managers.

The Investment Association (IA) is consulting members on a reorganisation of its sector structure as it seeks to better accommodate 'outcome-focused' funds.

People who opted to take greater retirement income through the money purchase scheme pension option have been left unable to take advantage of pensions freedom, a provider has said.

Almary Green's Carl Lamb and Combined Financial Strategies' Jonothan McColgan were celebrating double successes at the Unbiased Media Awards 2015, which were held in London on 4 February.

An adviser has finally secured the return of £190,000 to his clients after a two year battle over unsuitable advice with one of the world's largest IFAs.

Axa Life Invest has added a death benefit guarantee to its drawdown offering to protect the amount passed on to family or dependents if a client dies before age 75.

Billionaire investor Warren Buffett looks set to win a $1m bet that the humble index tracker will produce better returns than a complex hedge fund.