News

Mervyn King, the outgoing governor of the Bank of England, has warned central banks risk becoming more politicised as a result of their efforts to tackle the banking crisis and subsequent recessions.

Schroders has poached Jupiter's Philip Matthews and Neptune's Alex Breese to replace Richard Buxton and Errol Francis who are moving to Old Mutual Global Investors.

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

In this week's quick fire Retirement Planner poll we ask: Given recent coverage of enhanced annuity commission charged on Hargreaves Lansdown's annuity search engine - how much commission is too much?

More than half of advisers are worried about their profitability over the next 12 months despite most expecting income growth, according to the latest Aviva Barometer.

The Financial Ombudsman Service (FOS) has issued a warning to consumers not to reply to fraudulent emails purporting to be from the FOS and asking for personal details.

Investment company Green Oil Plantations, which raised £24.4m mainly through self-invested personal pensions (SIPPs), has entered administration.

The Financial Conduct Authority (FCA) has charged eight men with conspiracy to defraud following investigations into land banking activity.

Lloyds Banking Group representative, Steve Colsell, is to step down from the board at St James's Place (SJP) and be replaced by Sue Harris and Alison Hewitt.

The Advertising Standards Authority (ASA) has banned a lead generation company from sending unsolicited text messages offering pension liberation to consumers.