News

Confidence among UK investors continues to rise with the vast majority looking to maintain or increase the amount they invest and save during 2014, according to research by Schroders.

The Financial Conduct Authority (FCA) has fined Forex Capital Markets and FXCM Securities (FXCM UK) £4m for allowing the US-based FXCM Group to withhold profits worth £6m that should have been passed on to the UK business' clients.

The UK economy grew at 0.7% in the final quarter of 2013, official figures confirmed today, in line with the preliminary estimate, although 2013's overall growth rate was revised down.

Aviva anticipates its platform will have achieved profitability by the start of 2016 and has set a target of £6bn in assets under management by the end of this year.

EU policymakers have agreed a deal on pay in the asset management industry which includes a requirement that fund managers be paid half of any bonuses in units of their own funds.

Henderson posted record profits in 2013 following a return to positive UK retail flows.

Financial advisers operating in Europe are less strictly regulated than their UK counterparts yet consumers are still afforded the same degree of protection, according to Zurich Life government affairs principal Matt Connell.

Banking giant Credit Suisse "helped" thousands of its US customers avoid tax by opening Swiss accounts on their behalf, a report has claimed.

In this week's quick-fire poll we ask: Should we have an auto-enrolment type system to help people put aside money for long-term care fees?

Retirement Planner's round-up of the top pension stories this week.