News

More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).

The former chief executive of collapsed brokerage firm MF Global has been charged with misappropriating about £1bn of client money.

Hargreaves Lansdown has written to clients invested in the Schroder UK Alpha Plus fund, previously run by Richard Buxton, stating the new management team is not of the same 'calibre' as the veteran investor, and provided documents to enable them to switch...

Eurozone countries face a decade of deflation and stagnation if governments fail to tackle debt and slow growth plaguing the region, Standard Life Investments' global strategy head has said.

John Misselbrook has been appointed interim chief executive by Aviva Investors in a bid to improve the company's investment proposition.

Mortgage brokers would like to see greater product innovation in the first-time buyer and equity release sectors, according to the latest by IFAonline sister title Mortgage Solutions poll.

The Beaufort Group, is looking to partner with between four and six new adviser firms by the end of this year.

The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.

Virgin Money returned Northern Rock to profitability in the final four months of 2012 in what has been described as a "transformational year" for the combined business.

Insurer Zurich has enhanced its critical illness (CI) product by introducing partial payments and a number of new conditions, following input from advisers.