News

The abolition of consultancy charging could open up opportunities for advisers according to Scottish Widows chief executive Toby Strauss.

Pensions minister Steve Webb has confirmed that an update for the defined ambition (DA) project will be published in the summer.

Pensions minister Steve Webb says current at-retirement processes are outdated and asked whether we need to "do decumulation differently."

Industry figures could not agree on whether the pensions market should move towards offering fewer, large scale products to employers.

Advisers and mortgage brokers accused of fraud could struggle to find a qualified lawyer under government plans to reform legal aid.

Members of life and pensions mutual Royal London have agreed to proposals to acquire the life insurance and asset management businesses of the Co-operative Banking Group.

The Financial Conduct Authority (FCA) is planning a consultation on new complex financial products created by banks and building societies to boost their capital.

Some 40% of IFAs say that clients are more confused on the difference between independent and restricted advice than they were before the implementation of the Retail Distribution Review (RDR), according to research released today.

Venture Capital Trusts (VCTs) and Enterprise Investment Schemes (EIS) have been granted an exemption from the FCA's ban on sales of unregulated collective investment schemes (UCIS) to retail investors.

The Financial Conduct Authority (FCA) has banned the sale of unregulated collective investment schemes to ordinary retail investors.