News

MF Global's UK administrator KPMG has confirmed it may be able to double payouts to customers and make its first creditor payments after a three-way settlement was agreed.

The government has won a key parliamentary vote on plans to cap benefit increases to 1% for the next three years.

Expected pension incomes have fallen to the lowest level in six years, according to Prudential.

Government will seek to implement the Dilnot Commission's long-term care cap by 2015, Nick Clegg has revealed.

Sesame Bankhall Group (SBG) has added Royal London to its restricted range.

Equities were the best-selling asset class for the third month running in November, according to the latest Investment Management Association (IMA) sales figures.

Sesame is to raise its standard fixed fee for the second time in a year following a "multi-million pound" technology investment.

The retail prices index should not be brought in line with consumer prices index, AXA Investment Managers has argued, ahead of a decision by the Office for National Statistics later this week.

L&G Investments' managing director of investments Simon Ellis has left the firm.

Aegon has appointed Rob Waller as its executive head of distribution, replacing Patrick Gale who left the business on 1 January.