News

Association of British Insurers (ABI) director general Otto Thoresen is to step down in 2015 to chair the National Employment Savings Trust (NEST).

Prudential has said a pick-up in bond sales helped negate a near 50% reduction in annuities new business in the first nine months of the year.

Morningstar has appointed former Kleinwort Benson chief investment officer Jeremy Beckwith to lead its UK manager research team.

The government expects some people to "make the wrong choices" and receive a worse outcome than under the existing system when changes designed to give retirees the power to do as they wish with their savings are rolled out in the spring, pensions minister...

Almost half of people are unaware how changes to the state pension will affect them with just over 500 days to go until historic reforms are introduced, research suggests.

Adrian Lowcock has joined Axa Wealth as head of investing after leaving his previous role at Hargreaves Lansdown in the summer.

Financial Conduct Authority (FCA) technical specialist Rory Percival has denied there are "significant" differences in what the regulator thinks is adequate due diligence undertaken by firms and how the ombudsman finds in dispute cases.

The Financial Conduct Authority's (FCA) thematic review into due diligence practices will focus on advisers' role in the process, not that of platforms, technical specialist Rory Percival has said.

The Financial Conduct Authority (FCA) has fined Chase de Vere Independent Financial Advisers £560,000 for failures surrounding the sale of Keydata products.

The Financial Conduct Authority (FCA) is considering a number of recommendations on how financial services firms can improve the way they handle complaints, including removing a rule stating that not all gripes must be reported to it.