News

FundsNetwork's own self-invested personal pension (SIPP) is due to be launched in September and will carry a 0.25% fee.

UK dividend payments hit a new record high in Q2, with PLCs paying out a total of £25.3bn to investors, but slowing profit growth means full-year dividends are expected to drop year-on-year.

A number of big name fund managers have been flagged by Bestinvest's latest infamous list of "dog funds", which names and shames the worst performing funds available to UK investors.

Sustainable and well regulated growth in financial services could generate an additional 265,000 jobs and boost GDP by between 2% and 3% by 2020, a report from PwC has found.

Two Wall Street 'vulture funds' have seized control of part of Co-operative Bank's finances, the Sunday Times reports.

David Cameron has refused to rule out future tax rises but says his overall aim is to "give people back some of their hard earned money" as economic conditions improve, the BBC reports.

The High Court hearing into the legal status of nine suspected liberation schemes has been adjourned until the autumn, The Pensions Regulator (TPR) has confirmed.

The UK government is considering divesting £5bn of its stake in Lloyds Banking Group as early as September this year, according to reports.

Hargreaves Lansdown has ruled out the prospect of taking marketing fees from fund groups or allowing advertising on its website, saying it wants to offer a 'transparent' fee structure when new regulations are implemented next year.

The Financial Services Compensation Scheme (FSCS) is to compensate savers affected by the collapse of Birmingham-based credit union CommuniSave.