News

The embattled Bank of Ireland (BoI) has come under fresh attack for "unfairly" hiking the interest rates of thousands of borrowers on ‘tracker' mortgages, despite a static base rate.

Andrew Tyrie, chairman of the Treasury Committee, and Andrew Bailey, executive director of the new Prudential Regulation Authority (PRA), have rounded on the European Union (EU) over its "shocking" implementation of Solvency II.

David Child, the former managing director of The Exchange and 1st Software, has been appointed non-executive chairman at Finance & Technology Research Centre (F&TRC).

The custodian of ex-Merchant Capital structured products, Reyker Securities, has said it will levy charges on about 12,000 people invested in the schemes.

The Financial Conduct Authority (FCA) has charged two men with promoting and marketing an unauthorised investment scheme.

Partnership has hired Richard Willets as director of longevity.

Len Warwick, who has been described by colleagues as a "pioneer" of professionalism and treating customers fairly (TCF) in financial services, has died aged 68.

Sue Lewis has been appointed chairman of the independent Financial Services Consumer Panel and will take up the post on 1 July.

Prime Minister David Cameron has been forced to defend the government's under fire Help to Buy scheme after continued criticism.

BlackRock has joined a growing list of fund groups to reject calls for a ‘super clean' share class, instead favouring a single stripped-down class to avoid adviser confusion.