News

Royal Bank of Scotland's new chief executive, Ross McEwan, has denied claims the bank 'systematically' ran small businesses into the ground, and said the allegations have damaged RBS' reputation.

Legg Mason's Bill Miller is struggling to find the ‘extraordinary' value in the US he did last year, and said equity markets could rise even higher in 2014.

Treasury Select Committee (TSC) chairman Andrew Tyrie has called on the industry to help parliament hold the financial services regulator to account to avoid "excessive regulation" that could "create the stability of the graveyard".

Legal & General (L&G) is "demanding" the government lowers a pension charge cap to 0.5%, but one expert says imposing a cap simply pushes costs elsewhere and would leave hundreds of thousands of businesses "to pick up the bill".

Insurer Zurich is training its sales staff to obtain the same minimum qualification level as that required of the advisers they speak to.

Growing adviser confidence in market performance and increased consumer desire for long-term financial planning are expected to bring beta back into client portfolios in the coming years, a BlackRock survey has suggested.

The swell of new regulation in financial services "frightens" people away from seeking financial advice, while the proliferation of various fee structures is proving a "nightmare" for those who do engage, according to St James's Place CEO David Bellamy....

In this quick-fire Retirement Poll we ask: Are you seeing a surge of interest in flexible drawdown, as Skandia as reported?

Retirement Planner's round-up of the top pension stories this week.

Nearly half of asset managers have said they will not offer discount share classes to platforms as they do not class them as distributors, preferring instead to deal directly with larger advisers.