News

Defined contribution (DC) savers who intend to manage their own pension pot in retirement are unwilling to pay for regular advice, according to research from consultant firm Hymans Roberston.

IFA business County Life & Pensions and investment manager Blacksquare are to be acquired by Tavistock Investments as part of its plans to assemble a national financial services business.

A "radical rethink" is underway in the annuity market following the sweeping Budget changes but concerns over fund depletion remain, according to Equinity Paymaster.

Two investors are taking TenetConnect to the Financial Ombudsman Service (FOS) after unsuccessfully trying to retrieve money lost due to what they claim was negligent advice to invest in an unregulated overseas property scheme.

Old Mutual Wealth reported a more than doubling of net flows in the first quarter of 2014, buoyed by its WealthSelect fund panel.

Homeowners lodged a record number of mortgage complaints to the Financial Ombudsman Service last year.

Neil Woodford's new income fund will aim to deliver high single digit returns annually, despite a 'challenging' economic backdrop he predicts will weigh on markets.

Financial Conduct Authority (FCA) technical specialist Rory Percival today warned advisers they may be "flipping a coin" as to the suitability of their recommendations if they fail to personalise advice when using centralised investment propositions (CIPs)....

Proposals that will see fund managers break down profits and losses in pounds and pence figures for the first time have been approved by the Financial Reporting Council.

Bank of England Governor Mark Carney has tried to defuse expectations of an imminent rate hike by saying it would "not be the right tool" to deal with the UK's booming housing market.