News

The Pensions Regulator (TPR) has urged employers and their advisers to move away from using small pension schemes in its proposed new regulatory approach to trust-based defined contribution (DC).

The Pensions Regulator (TPR) has launched a consultation on its proposed new regulatory approach to workplace defined contribution (DC) schemes ahead of full-scale auto-enrolment.

The Office for National Statistics (ONS) has decided to retain the way the retail prices index(RPI) is calculated after a consultation with the industry.

The Financial Ombudsman Service (FOS) is proposing to increase the individual fee for firms who have complaints against them from £500 to £550 per case, but will also up the number of 'free' cases to 25.

The Financial Ombudsman Service (FOS) has said the number of complaints it has received about investments has increased by a third this financial year.

BlackRock has entered a definitive agreement to acquire the exchange-traded funds (ETF) business of Credit Suisse, in a deal set to complete by the end of the second quarter.

The City of London is bracing for fresh job cuts after Morgan Stanley became the first investment bank to swing the axe this year.

The FTSE 100 closed at its highest level since May 2008 yesterday as investors continued to snap up cyclical names, including the UK's semi state-owned banks.

The UK has seen a 'sizeable' improvement in the affordability of mortgage payments despite a squeeze on credit, according to a report by ratings agency Fitch.

Lighthouse Group has appointed Danyel Jordan as managing director of Lighthouse Advisory Services.