News

Investors will be offered the chance to buy discounted shares in Lloyds Banking Group, as George Osborne plans to sell taxpayers' stake in the bank sooner rather than later.

The Banking Commission report on standards in the City is to demand a radical overhaul of the punishment of bankers who have overseen failed institutions and open the door to new rules on multi-million-pound pay deals and competition in the sector.

Low-cost workplace pension provider NOW: Pensions has teamed up with a specialist annuity provider to ensure all savers get the best possible income at retirement.

Neil Woodford's £13.7bn High Income fund is at risk of being expelled from the IMA UK Equity Income sector at the end of 2013 if its historic yield does not improve.

Data from The Pensions Regulator (TPR) shows 97% of surveyed DC schemes provide support to members wishing to exercise their open market option.

The Association of Professional Advisers (APFA) has today urged the Financial Conduct Authority (FCA) to re-think its proposal of fees for the coming year, claiming that advisers were hit disproportionately hard.

Scottish Life has backed down on its position on the use of consultancy charging for automatic enrolment pension schemes.

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.

Platforms have adopted a lot of new and unnecessary regulatory processes and need to step back and take a "sense check", according to one wealth planner and chief executive.

Scottish Widows Investment Partnership's Daniel McKernan is to join Standard Life Investments as head of sterling investment grade credit.