News

Over a quarter (27%) of international employees are concerned about the possibility of having to work longer than they wanted to due to financial constraints later in life, a report from HSBC reveals.

Banks and building societies will next month launch a new current account switching service for consumers and small businesses, which will allow them to switch their accounts more easily, the Payments Council has said.

Adviser support group Tenet is warning that unless the approximately 38,000 medium-sized employers due to be staged for auto-enrolment next year start planning now, many will struggle to get the help they need.

Entrepreneur Ivan Massow's controversial trail rebate firm has gone out of business because "it made a loss every time" it paid commission back to a customer.

The Financial Ombudsman Service (FOS) has teamed up with charity Age UK and consumer magazine Which? to get a better insight on how to use age when evaluating a complaint.

Banks and building societies stepped up lending by 29% year-on-year to advance £16.6bn in July, Council of Mortgage Lender figures have revealed.

Pensions provider Royal London has posted a strong growth in sales through advisers following the Retail Distribution Review (RDR), with its platform new business sales up a record 39% on last year, the firm's interim results have revealed today.

The FTSE 100 has shed 40 points in early trading to move back towards the 6,400 mark, compounding losses suffered in recent days.

BlackRock have poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.

One in seven workers has no idea when they will be able to retire, according to research from Barings Asset Management.