News

Advisers are not asking the right questions when doing due diligence on discretionary fund managers (DFM), one such firm has said, in response to criticism it is "impossible" to compare their costs and services.

Intelliflo has added FE Analytics to its Intelligent Office business management system.

Retail fund sales last year were at their highest level since 2010, according to the latest figures from the Investment Association (IA).

Angry investors are planning legal action against the regulator in a bid to claw back losses they claim its predecessor caused when it branded their traded life settlement investments "toxic".

More than 160 employers were issued fixed penalties of £400 last year after The Pensions Regulator (TPR) ramped up the use of its powers for auto-enrolment failures.

Advisers registered with IFA directory Unbiased are to offer free introductory advice sessions to consumers in a bid to stir interest in advice.

Providers fear the regulator's new rules on how they must deal with retirees will leave customers wrongly assuming they have received advice, if details of what is expected of them are not published soon, according to an industry figure.

A Labour peer has attacked the annuity market, claiming it "plays fast and loose" with the regulatory framework.

The regulator's ‘second line of defence' for retirees will be extended to cover trust-based pension scheme members as well those in contract-based arrangements, peers have heard.

The baby boom generation looks set to sleep walk into retirement as 40% have yet to begin saving into a pension, research shows.