News

Local authorities should only recommend regulated financial advisers to people requiring advice on funding their long-term care, an influential committee has recommended.

The incoming Financial Conduct Authority (FCA) has outlined how it plans to use new powers permitting it to publish details of enforcement cases at one of the earliest stages of its proceedings.

Panicked British expats in Cyprus are desperately trying to withdraw their cash from ATMs after being hit by the news that the government is to implement a bank savings levy as part of the £9bn EU bailout agreed last week.

EU proposals to limit fund manager bonuses have been met by a withering reaction from the asset management industry.

Royal London has agreed to buy the Co-operative Banking group's life insurance and asset management businesses in a deal worth up to £219m.

Some parents will be able to claim back up to a fifth of average annual childcare costs from the government under a new scheme.

Fay Goddard, the current chief executive of the Personal Finance Society (PFS), is to join Lighthouse Group as a non-executive director next month.

Aviva has added second opinion and practical guidance services to its critical illness (CI) products for advised clients.

Symponia has called today's social care announcement "a clever pre-Budget manoeuvre" designed to divert attention away from the ailing coalition.

Retail investors should be able to access less liquid investment strategies so they can benefit from longer-term investment decisions, according to new RWC Partners CEO Dan Mannix.