News

The European Central Bank (ECB) has restricted financing to the Greece's already struggling banks.

Parmenion is set to upgrade its in-house self-invested personal pension (SIPP) wrapper when the retirement freedoms unveiled at last year's Budget are rolled out on 6 April.

The Financial Conduct Authority (FCA) has published the final rules on the independent governance committees (IGCs) that must be set up by providers of contract-based pension schemes.

Mortgage network Pink has said all its intermediaries will now discuss income protection with clients from the first meeting onwards.

The Investment Association (IA) has set out plans to identify a 'primary' share class for the purpose of comparing fund performance, as the number available to investors multiplies rapidly post-RDR.

The government has laid draft regulations before parliament to introduce a 75 basis point charge cap on defined contribution (DC) default funds alongside a raft of additional governance requirements for trustees.

Almost a fifth of all firms granted interim consumer credit permissions are IFAs, according to Financial Conduct Authority (FCA) figures.

Nick Train has a growing level of M&A activity in recent years has forced him to add non-benchmark holdings to his UK equity portfolios.

Hargreaves Lansdown has reported a year-on-year drop in pre-tax profits as the impact of clean pricing and lower rates on client cash offset continued asset growth.

Germany's 10-year government bond yield slipped below Japan's for the first time on record today.