News

There is a strong case for abandoning CPI as the headline measure of inflation, according to Institute for Fiscal Studies head Paul Johnson.

Standard Chartered has said it will shut its equities business and axe jobs in a continued effort to cut costs and boost profits.

Beleaguered supermarket Tesco is planning a cost-cutting drive which will see it suspend its dividend, close stores, and appoint a new UK CEO in a bid to reverse its fortunes.

Transact has stated its intention to float following its failure to secure a buyer last year.

Risk-managed funds will overtake annuities to become the preferred retirement income strategy over the next decade, according to an Aegon adviser survey.

The precipitous decline in the oil price has continued, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.

The Bank of England (BoE) was seemingly unaware of the impending financial crisis in the weeks prior to its emergence, new documents reveal.

Victims of failed £400m overseas property investment Harlequin have appeared on national television to reveal how losing their retirement funds has left them "frightened" as they enter old age.

Morningstar has launched a range of four real return portfolios as it further expands its discretionary management service.

An adviser trade association is calling on the regulator to ensure its final guidance on using social media channels is clear after a poll of members suggested more than a third were unaware the watchdog was looking into the issue.