News

Chancellor George Osborne is to bring forward the introduction of the flat-rate state pension and the cap on social care by a year.

More than 20 fund management groups are to set to make a formal offer to buy 315 Royal Bank of Scotland (RBS) branches, the Sunday Times reports.

The Financial Services Compensation Scheme (FSCS) has cut its interim levy for investment intermediaries for 2012/13 from £25m to £20m, and has said it will not rule out pre-funding as a means of raising cash for the scheme.

Alliance Trust Savings (ATS) is in advanced negotiations with around 30 fund groups over adding clean share classes to the platform.

The Financial Services Authority (FSA) has apologised for comments made by staff and its overall conduct during a meeting with an unnamed firm.

The Financial Services Authority (FSA) is warning consumers of a new tactic adopted by fraudsters - setting up fake versions of its website and register.

Aegon-owned network Origen Financial Services has posted a loss before tax of £2.9m after a £1.9m provision for a review into advice suitability impacted on the businesses bottom line.

MetLife has launched an adviser toolkit and client guide in a bid to help advisers assess their clients' capacity for loss.

A barrister who failed to pass on his VAT to HM Revenue and Customs (HMRC) has been jailed for tax fraud.

The annual management charge on Anthony Bolton's Fidelity China Special Situations investment trust will be cut from 1.5% to 1.2% from 1 April 2013.