News

The average gap between the best and worst annuity rates is almost 35%, according to analysis of official market figures by Hargreaves Lansdown.

Wealth managers report their clients are clamouring to take on more risk in portfolios, even as markets retreat from record highs.

Prudential is planning to move into the platform space as part of a drive to diversify its business, the company has told analysts.

Recently launched Family Building Society has linked with Chase de Vere and Key Retirement Solutions for later life planning referrals.

Asian markets enjoyed a mixed trading session at the start of the week, oscillating between gains and losses as the latest relief rally comes under pressure.

Tesco is coming under increasing pressure to slash its dividend in order to free-up cash to help it compete against low-cost rivals, with a leading shareholder speaking out over the weekend and analysts predicting a major cut to its payout.

Veteran business journalist Jeff Randall has been brought on board at Prudential as a senior adviser to chief executive Tidjane Thiam.

UK IFAs are among hundreds of creditors facing severe losses in a £60m property scheme marketed as low risk but "tainted with illegality", according to the firm's liquidators.

A director of a mortgage brokerage has been disqualified from acting as a company director for 13 years for misleading investors, the regulator and HMRC.

A lawyer who spent six years in the financial regulator's enforcement team has expressed doubts over his former employer's product promotions rules.