News

Fund groups found to have used commissions to pay for access to corporate executives will not face financial penalties, the FCA has said.

The government's move to cap pension charges ignores annuity contract 'cowboys' who are ripping off retirees, the Telegraph claims.

Co-op Bank has secured a rescue deal with creditors over the weekend which will see branch numbers reduced and staff redundancies, according to reports.

Appointed representatives of Sesame have said the network is refusing to tell them whether rumours that it is going to go completely restricted are true.

AXA Wealth Specialist Products has launched a series of risk-profiled passive portfolios, called the AXA Wealth Elite Diversified Market Range

Up to 90,000 employers would be forced to review their defined contribution (DC) schemes if a charge cap was introduced, according to a government paper.

Women are twice as likely as men to be unsure what their main source of income will be in retirement, according to research from Prudential.

Up to 90,000 employers would be forced to review their defined contribution (DC) schemes if a charge cap was introduced, according to a government impact assessment.

F&C saw its assets under management decline by £2.2bn to £90.1bn in the third quarter, despite a further climb in retail inflows, the group revealed today.

Alliance Trust has suffered a slowdown in returns in the third quarter which it saw was due to its high allocation to US equities.