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News

Regulation

Charles Stanley laments 'unfair' FSCS after £1.9m bill

Charles Stanley has raised its final dividend by 4.4% after reporting an 8% increase in adjusted pre-tax profit for 2012-13.

clock 11 June 2013 •

Tax Planning

DIY investors cite advisers' product knowledge as key attraction

More than a third of do-it-yourself (DIY) investors say a financial adviser's knowledge of products, including tax and charges, is the most valued part of their service, according to research from Prudential.

clock 11 June 2013 •

Investment

Public sector pension fraud up to £20m a year

The cost of fraudulent claims for public sector pension benefits has increased by £4m to £20m per year since 2012, the National Fraud Authority's (NFA) latest report shows.

clock 11 June 2013 •

Individual Protection

Secret sting uncovers Lloyds PPI complaint failings

Lloyds Banking Group has admitted to failings in its handling of payment protection insurance (PPI) complaints, following an undercover investigation.

clock 11 June 2013 •

First time buyers

Home sales data hints at full-blown recovery

The housing market revival witnessed in recent months may soon become a full-scale recovery, figures obtained by a property survey suggest.

clock 11 June 2013 •

Protection

Men in 30s buy into protection with increased cover levels

Men in their 30s have increased the amount they insure themselves by a fifth (20%) in the past year, according to new figures from Scottish Provident.

clock 10 June 2013 •

Investment

Vanguard MD Rampulla joins IMA board

Vanguard managing director Thomas Rampulla and AXA IM UK head Irshaad Ahmad have joined the IMA board, boosting total numbers to 18.

clock 10 June 2013 •

Investment

Brewin upgraded after RDR price switch success

Shore Capital has upgraded wealth manager Brewin Dolphin to a 'buy' after the group successfully navigated the Retail Distribution Review (RDR) rule change by retaining clients despite an increase to its fees.

clock 10 June 2013 •

Income

Annuity rates drop 29% since Bank of England began QE

Annuity rates have declined by 29% since the introduction of the Bank of England's quantitative easing programme, AXA Life Europe has found.

clock 10 June 2013 •

Equity release

Equity release could close European pensions gap

Europe's equity release market could potentially release over €20 billion a year as long as current Solvency II requirements don't stifle product supply according to a report.

clock 10 June 2013 •
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