News

Kinder Institute of Life Planning founder George Kinder believes the distrust among consumers in the financial services industry is "too thick" for one single idea to bring it back on track - so he gives 17 ways to rebuild it.

Regulatory service provider The Consulting Consortium (TCC) has launched an analysis service aimed at helping financial adviser firms review client files for potential unsuitability.

Business and compliance company SimplyBiz has launched a non-advised annuity referral service.

Barclays has been fined $453m (£300m) by US regulators for allegedly manipulating energy prices.

Steve Bee is calling for the simplification of pension tax relief, arguing all savings should be taxed at their deferred rate when drawn as income.

The Financial Conduct Authority (FCA) is looking into claims traders intentionally pushed up the price of government bonds before attempting to sell them to the Bank of England (BoE) in 2011.

Financial adviser numbers are continuing to decline and this must be reflected in lower regulatory fees for those who remain, the Association of Professional Financial Advisers (APFA) has said.

Retirement Planner's round-up of the top pension stories this week.

SIPP provider James Hay has expressed concern over a rise in queries to use flexible drawdown to strip out pension funds.

Towergate Financial's investment committee has selected Seven Investment Management (7IM) as their choice of manager for the risk rated range of Towergate Passive Multi Asset Portfolios (MAPs).