News

The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Annuity provider Just Retirement has launched a one-year version of its fixed-term annuity in response to the far-reaching changes affecting drawdown announced at last month's Budget.

Financial services group LEBC is to create a dedicated mortgage advice team in light of the implementation of new rules following the Mortgage Market Review (MMR).

The Financial Conduct Authority (FCA) will be on the lookout for "gaming activity" of any kind following the implementation of the Mortgage Market Review (MMR), with the falsification of income levels of particular interest, it warned.

Legal & General Investment Management (LGIM) head of high alpha fixed income Richard Hodges is to leave the group in October.

How the industry distinguishes between 'advice' and 'guidance' is at odds with how the public perceives financial services, argues Personal Finance Society (PFS) chief executive Keith Richards.

GlaxoSmithKline, the UK's largest pharmaceutical group, has agreed to sell one of its businesses to rival Novartis, in a deal which will see it return billions of pounds to shareholders.

Tax relief on pensions should be replaced by a Treasury contribution of 50p per £1 saved, argues a radical report by Michael Johnson for influential think tank the Centre for Policy Studies (CPS).

Organisers of the Aberdeen UK Platform Awards have set a date for this year's ceremony, and will soon be inviting firms to enter the adviser categories.