News

Severe delays and errors have hit the payment scheme set up by government to compensate victims of Equitable Life, a report from the National Audit Office (NAO) has found.

Think tank The Fabian Society recently argued pension tax breaks should be reviewed for wealthier pensioners. Should better-off pensioners pay tax at a similar rate to younger people on comparative incomes?

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

Cofunds has added GAM's range of five risk-rated models to the platform.

Two in five people retiring this year still provide financial support to their families, according to research from Prudential.

The Venture Capital Trust (VCT) sector raised £402.5m in 2012/13, up 22% on the previous tax year, according to data published by the Association of Investment Companies (AIC).

Co-operative Group has pulled out of a deal to buy 632 branches from Lloyds Banking Group, saying it was not in the best interests of its members to proceed.

Barclays' Q1 adjusted pre-tax profit has dropped 25% to £1.8bn after the bank took a £500m hit over its restructuring programme.

Professional services provider, Praxis Malta has expanded its offering with the launch of its Trireme range of pension products.

Stocks have room to rise, investors need to diversify across fixed income and seek yield globally and emerging markets deserve another look, is the advice to investors from J.P. Morgan Asset Management.