News

The number of firms de-authorising jumped 214% between March and April, according to research by Matrix Solutions based on Financial Conduct Authority (FCA) data.

The Income Protection Task Force (IPTF) has said it is "delighted" by the recent publication of income protection (IP) claims statistics by insurance companies, and argued the move would boost consumer confidence in the market.

Two-thirds of payday loan cases have had no financial checks carried out to make sure borrowers will be able to repay the loan, according to research by the Citizens Advice.

Help to Buy could push first-time buyer house prices up 20% to more than £150,000 by the end of 2015, a financial consultancy has warned.

Some 97% of IFAs report taking on new clients since the advent of the Retail Distribution Review (RDR), according to research released today.

Prudential has reported a 21% fall in sales of with-profit bonds for the first quarter of the year, which it has attributed to the implementation of the Retail Distribution Review (RDR).

HSBC has reported profits doubled in the first quarter of the year compared to the same period in 2012 as the lender nears the end of a three-year restructuring programme.

The Investment Management Association (IMA) has decided not to modify its sector rules governing fixed income funds' currency exposure, IFAonline's sister title Investment Week understands.

Veteran investor Warren Buffett has told investors Ben Bernanke's interest rate policy has been "brutal" for holders of bonds and punishing to savers.

Jersey-based wealth managers, Ashburton, is flagging up the very real possibility that the current talk of currency wars means markets are moving to a world in which G10 exchange rates could be operated, once again, on a managed basis.