News

The regulator has launched a national campaign focused on investment fraud and how to spot potential scams.

Danny Alexander, chief secretary to the Treasury, has hit back at claims the government is pushing through its wide-ranging pension reforms "in a big rush" ahead of next year's general election.

Old Mutual Global Investors (OMGI) has hired former Ignis manager Russ Oxley to lead a newly-appointed fixed income absolute return team.

An adviser who stole more than £200,000 from a client's pension has now been ordered to pay it back, plus interest, as well as serve three years in prison.

UK CPI inflation has fallen to its lowest level in five years, undershooting estimates as the impact of falling petrol prices dragged the headline level down near to 1%.

The FTSE 100 was in the red once again today following losses around the globe overnight, with Hargreaves Lansdown and luxury goods retailers Burberry and Mulberry both taking a tumble on slowdown fears.

Shares on Wall Street have recorded the worst three-day streak since 2011 after another sharp move lower overnight, with investors continuing to fret over the end of the US Federal Reserve's bond buying programme.

The unbundling of dealing commissions could have a more significant impact than the Retail Distribution Review on asset managers, with smaller groups and fund ranges particularly at risk, analysts have warned.

Hargreaves Lansdown has said the low interest rate environment will continue to impact its revenues for the remainder of the year, with the business also ruling out any further moves on price for now as investor confidence wanes.

The Treasury is to give savers more freedom over how they take a tax-free lump sum from their pension pot.