News

Conflicts of interest within insurance intermediaries dealing with small businesses are not being properly managed, a review by the Financial Conduct Authority (FCA) has found, in an echo of the concerns the regulator had about investment advisers that...

James Hay Partnership is to take on Capita's self-invested personal pension (SIPP) book, subject to agreement with each holder.

Financial Services Compensation Scheme (FSCS) chief executive Mark Neale has warned UK levy payers could suffer if Europe does not come up with clear rules around consumer protection in the insurance space.

The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted.

A row has broken out over the cost of setting up all of the public bodies needed in an independent Scotland.

Britain's two state-backed banks have retreated from lending to the London property market since the financial crisis, in a sign of caution amid fears of an inflating housing bubble.

US drugs giant Pfizer has withdrawn its £55 a share, £69bn takeover bid for UK pharmaceutical firm AstraZeneca.

The Treasury is expected to appeal to the UK's biggest banks to increase competition in lending to small and medium-sized businesses.

Lloyds Banking Group has announced plans to float a 25% stake in its TSB business next month in a bid to meet European rules on state aid for banks.

The Pensions Regulator (TPR) has almost doubled the amount it will spend on auto-enrolment (AE) enforcement in 2014/15.