News

The industry must do more to support employees making retirement income decisions says The Pension Regulator's chairman Michael O'Higgins.

Only 3% of advisers look for a re-registration option when researching wrap platforms, according to figures from Capita Financial Software.

Last July's pledge by European Central Bank (ECB) president Mario Draghi to do "whatever it takes" to save the euro has sparked a run that saw the MSCI Europe index beat the MSCI World by 6% in the last year, surpassed only by the US in terms of performance....

Shares in Royal Bank of Scotland dropped 7% at the start of today's trading session in London following news CEO Stephen Hester will step down later this year.

The fund management group says Dutch ban on commission payments will improve cost transparency, competition and product access and quality.

Bookmakers have already set odds on who will replace Stephen Hester at the helm of RBS, following after his shock resignation announcement yesterday.

The number of people aged 65 and over in work has topped one million for the first time, figures published by the Office for National Statistics (ONS) show.

Japan's key Nikkei 225 index endured further sharp losses on Thursday, entering a bear market as investors sold Japanese shares ahead of an expected tapering of QE by the US Federal Reserve.

MULTI-ASSET

The Royal Bank of Scotland (RBS) is set to announce 2,000 job cuts on Thursday, after it emerged chief executive Stephen Hester is to step down, according to reports.