News

Paraplanners and discretionary fund managers will be the primary beneficiaries of increased outsourcing among advisers, research suggests.

The FTSE 100 is nearing a two-year high once again today as investors continue to snap up cyclical names including the UK's semi state-owned banks.

The Financial Services Authority (FSA) has pledged to work with firms in 2013 as it carries out a series of thematic reviews into how the Retail Distribution Review has been implemented.

The Financial Services Authority (FSA) should tighten up the way some providers market their services, according to one adviser who says he is continually bombarded by providers pushing commission.

Global insurer Zurich has named David White as head of retail, UK life with effect from 21 January.

Labour backbencher David Miliband has called for the government to cut pensions tax relief to £26,000 to match the national average wage.

Advisers remain cautious about the prospects for the UK in 2013 and over the ability of Prime Minister David Cameron and Chancellor George Osborne to lead the country's recovery, research suggests.

Insurance company Ageas has appointed a new group chief operating officer (COO) and UK chief executive officer (CEO) in addition to several other senior recruits.

Two former employees of HBOS have been arrested along with a string of other suspects following an investigation into loans offered by the bank prior to its collapse.

Insurer Aviva has strengthened its balance sheet by selling its 34 million share stake in Dutch insurer Delta Lloyd via a private placing.