News

The reversal of fortunes for the IMA UK All Companies sector this year has again raised the question of whether investors' buying patterns are leaving them exposed to market corrections.

Labour will reverse an impending cut in corporation tax if elected next year, but is committed to maintaining the lowest level of all G7 countries, shadow chancellor Ed Balls is expected to say on Monday.

The outgoing Bank of England (BoE) deputy governor Sir Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.

The Association of Professional Financial Advisers (APFA) has warned the industry could yet lose more small firms as advisers say they are lacking confidence in their business models.

Bank of England Governor Mark Carney has said the 'new normal' for interest rates in the UK will be around 2.5%, a level he predicted they may reach by 2017.

Mortgage adviser network Personal Touch Financial Services (PTFS) has supported the launch of eKeeper's life assurance quotes service AssuranceKeeper.

The Association of Professional Financial Advisers (APFA) has warned advisers to keep a "record of activity with any clients they have with Aegon" after it emerged the Dutch provider had contacted clients to switch-off trail commission.

Advisory firms have successfully adapted to the Retail Distribution Review (RDR) but the cost of regulation remains a massive barrier to development, the Association of Professional Financial Advisers (APFA) has said.

Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has deferred taking his annual bonus amid the ongoing enquiry into the bungled announcement of an insurance industry investigation.

Provider Scottish Widows has confirmed it will be re-entering the IFA market with protection products next year.