News

An initiative that will see savings clubs set up in primary schools to help children develop sensible money habits has received government funding.

Anne Richards, the chief investment officer (CIO) at Aberdeen Asset Management, and Elizabeth Corley, chief executive of Allianz Global Investors, have become CBEs in the 2015 New Year Honours List, published today.

Arch Financial Products (AFP) chief executive Robin Farrell has hit out at "deeply regrettable" findings in a recent lawsuit against him and said investors could lose up to £4.4m in distributions from the action.

A financial planner who has survived cancer three times is to embark on an expedition to the South Pole to raise awareness of health issues and the importance of protection.

High street bank mortgage approvals were down 20% in November compared with the year before, new figures from the British Bankers' Association (BBA) have shown.

The Office for National Statistics has confirmed UK Q3 GDP came in at 0.7% but revised down figures for the previous five quarters.

The Financial Conduct Authority (FCA) has warned of a scammer pretending to be an authorised wealth manager and targeting investors in the UK.

The UK's current account deficit widened faster than expected in the third quarter to reach a record high of £27bn.

IFA network Sense has appointed a new development manager to oversee the firm's expansion throughout the coming year.

The Financial Conduct Authority (FCA) has issued a public apology for omitting details in a warning notice, which could have alerted consumers to the wrong firm.