News

HSBC is weighing up floating its UK arm, according to reports, ahead of new rules that demand banks ringfence their retail banking operations.

The government will start to make payments to those Equitable Life policy holders who purchased their policies before 1992 and are still alive, in December.

MPs have refused to grant the regulator the power to ban individuals before its investigations into them are completed, due in part to the "serious harm" it could cause small firms.

Labour's plans to freeze energy prices could ruin investors in energy companies, the head of the OECD has told BBC's Panorama programme.

Jupiter Asset Management's chief executive Edward Bonham Carter is to hand over his role to Maarten Slendebroek in March next year.

The IMA has launched an online review tool for the Targeted Absolute Return sector designed to help advisers and consumers find and compare funds.

Almost half of financial advisers have turned away clients this year because they felt their services were too expensive for them, according to research commissioned by the Association of Professional Financial Advisers (APFA).

The current system of pension tax relief is "unfairly skewed" leaving those on modest earnings with little reward for saving into a pension, John Lawson has said.

Legal & General Investment Management's Richard Hodges will take on the management of three additional fixed income funds totalling £2bn in assets, after existing manager Michel Canoy opted to exit the business.

Hargreaves Lansdown has flagged up five key investment themes to benefit from the announcements made in yesterday's Autumn Statement.