News

The after effects of the Bank of England's quantitative easing (QE) programme will continue to plague annuity rates for "many generations" to come, according to MGM Advantage.

Supermarket giant Tesco led the FTSE 100 lower this morning after revealing its profits had dropped off sharply.

Transact has said it will scrap the initial establishment fees on its investment bonds.

Advisers could actually be confusing clients in the post-Retail Distribution Review (RDR) world as their pursuit to find ‘right product' gives customers too many options, delegates heard.

Hargreaves Lansdown has pushed back the launch of its new pricing structure - which includes the switch to super clean pricing on funds - after claiming it is under "no pressure" from rivals to act first.

Trail commission has a "genuine and legitimate place" in adviser remuneration and the Financial Conduct Authority (FCA) would be wrong to ban future payments on undisturbed pre-Retail Distribution Review (RDR) business, according to Scottish Life.

New laws passing through Parliament could see bankers found guilty of "reckless misconduct" jailed for up to seven years.

Brunel Capital Partners managing director Damien Rylett has won this year's "good egg" award, an accolade awarded in the memory of late founding member of the Institute of Financial Planning (IFP) Tony Sellon.

Just over a quarter of workers earning more than £41,500 fail to claim the full 40% tax relief they are entitled to on pension contributions, according to research from Prudential.

The Financial Conduct Authority (FCA) is to consult the industry on the significance of small print in mortgage contracts in the wake of decisions by banks to increase their tracker rates.