News

Mark Carney, the new Governor of the Bank of England, is pushing ahead with a strategic review of the institution's resources and priorities, just three months in to the job.

Self-invested personal pension (SIPP) provider Barnett Waddingham has added Brewin Dolphin, Charles Stanley and Rowan Dartington to its discretionary fund management panel for its members.

Half of advisers have thought about launching an execution-only proposition following the introduction of the Retail Distribution Review (RDR), according to a recent poll, despite regulatory scrutiny of the market.

The Financial Ombudsman Service (FOS) has reported a 39% increase in overall complaints against financial products, with increases in claims related to self-invested person pensions (SIPPs), personal pensions and annuities.

Billionaire investor Warren Buffett has cut his stake in Tesco, days after the food retailer posted a major profit slump.

Financial services firms must listen to the feedback their customers give in order to stop the "cycle of scandal" that has beset the industry, the Financial Ombudsman Service's (FOS) chief ombudsman has said.

The Financial Conduct Authority (FCA) has temporarily suspended 11 of Co-op Bank's bonds on the request of the company, pending an announcement of a rescue plan by parent company Co-op Group.

Customers of D2C platform Hargreaves Lansdown are likely to get lower prices if they transact business online.

The nine suspected liberation vehicles at the centre of the High Court pension liberation court case are occupational pension schemes, a judge has ruled.

Aviva is to underwrite all individual income protection (IP) policies on an own occupation basis, including part-time occupations.