News

A fifth of UK workers are facing a significant shortfall in their retirement incomes as a result of the 2008 economic crash, according to HSBC research.

The Association of Professional Financial Advisers (APFA) has called on the Financial Services Compensation Service (FSCS) to reach a broad settlement in its action against advisers who sold Keydata investments, saying small advice firms can not afford...

The head of the organisation charged with promoting and setting standards for financial planning around the world believes it is possible to communicate its value to a UK public already sceptical about broader financial services.

Regulators have proposed levying the industry £74.4m to pay for the day-to-day running of the Financial Services Compensation Scheme (FSCS) up until next March, a 6% fall on last year's levy.

A financial adviser who survived cancer three times has completed an expedition to the South Pole, in a bid to raise awareness of health issues and the importance of protection.

Listed financial services group Tavistock Investments has agreed to buy Standard Financial Group, the parent company of adviser network Financial Ltd, in a bid to grow the size and reach of its advisory business.

Major shareholders, including Old Mutual's Richard Buxton have thrown their weight behind Aviva's £5.6bn takeover bid of Friends Life, saying the deal would strengthen both sides.

The government's new bonds for the over 65s have seen the biggest opening sales of any retail financial product in Britain's modern history, after more than 110,000 customers invested in the products, National Savings & Investments (NS&I) has said.

Marcus Brookes, head of multi-manager at Schroders, has become more bullish on US stocks, as he expects falling oil prices to boost the jobs market still further.

Friends Life has launched the first employer funded group cancer workplace benefit in the UK.