News

Lloyds Banking Group posted a pre-tax profit in 2013 for the first time since its government bailout and plans to restart dividend payments in the second half of the year.

Wrap platform Nucleus has launched an ISA toolkit for advisers.

Arch Financial Products chief executive Robin Farrell has accused the funds' new manager of giving misleading statements in court, while protesting his own previously disputed honesty.

Most of the 41 pension liberation cases currently under investigation by the Pensions Ombudsman (PO) are complaints against trustees blocking transfers to suspicious vehicles.

Matthew Ames, son of troubled overseas property company Harlequin's chairman David Ames, has been found guilty of two counts of defrauding investors.

Active emerging market equity managers have been given a further incentive to invest ‘off benchmark' after recent market falls emphasised the role played by ETFs.

Adviser Home has partnered with specialist pension provider City Trustees to promote bespoke pensions practices.

Direct-only lender relaunches buy-to-let proposition

Sterling has climbed against a basket of currencies including the dollar this morning after the Bank of England altered its forward guidance policy and revealed GDP is expected to overshoot expectations.

The Bank of England has today said it will not hike rates "for some time to come" - with the base rate potentially at 2% by 2017 - as governor Mark Carney begins to alter his forward guidance policy.