News

The Financial Services Compensation Scheme (FSCS) will levy an estimated £76m on investment advisers in 2013/4, with failed firm Keydata highlighted as one of the main cases contributing to the overall bill.

Industry insiders have confirmed Friend's Life is touting for bidders for Sesame Bankhall Group as the insurer continues its broader cost-cutting and restructuring plans.

South African financial services group, Sanlam has sold its 22% stake in Punter Southall to management of the firm.

The Association of Mortgage Intermediaries (AMI)has appointed Sesame chief John Cupis as its new deputy chairman.

The Financial Services Compensation Scheme (FSCS) has paid out £136m in mis-sold payment protection insurance (PPI) claims since 2008, according to latest figures.

An overwhelming majority of consumers think investment and pension fees should be subject to a transparency law, according to a survey released today.

In this week's quick fire poll we ask: Should government do more to help drawdown savers?

IFAs have lost significant protection policy renewal income following G-Day price hikes, an adviser has said.

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

Legacy trail commission may create a "moral hazard" in which advisers encourage investors to stay in investments longer than they should, analysts at Barclays have warned.