News

The Financial Conduct Authority (FCA) expects the guidance guarantee to "help people understand the questions they should be asking", not offer choices for them, director of policy David Geale has told MPs.

The Financial Ombudsman Service (FOS) has ordered an equity release provider to repay a client the cost of a lifetime mortgage after it found the client had received bad advice.

Investors using direct to consumer platforms are now among the largest shareholders in investment trusts, as a post-Retail Distribution Review (RDR) revival for the sector gets underway.

The Bank of England's Sir Jon Cunliffe has warned bankers they are paid too much and should expect a salary cut following a sharp drop in banks' profits.

Complaints to the Financial Ombudsman Service (FOS) about annuities and income drawdown products have seen an uptick the since the March Budget, new figures have shown.

Fund managers are urging caution following a dramatic week for investors, saying the traditional strategy of buying on market falls may no longer make sense.

Independent advice firm Informed Choice has produced a short video in response to life office Beagle Street's 'exhibition' parading IFAs as 'extinct dinosaurs'...

Dividends paid out by UK companies this year are expected to undershoot previous estimates as the impact of the strong pound hammers payouts, Capita's latest Dividend Monitor has warned.

Barclays is seeking to include a D2C discretionary investment service offering model portfolios to clients in its relaunched consumer platform proposition, Professional Adviser's sister title Investment Week understands.

The UK would have "zero" influence if it voted to leave the EU, the outgoing president of the European Commission has said.