News

Minimum contributions under pension auto-enrolment should rise to 12% of eligible salary by 2020, according the Association of Consulting Actuaries (ACA).

Reyker Securities, the custodian and administrator for the structured products division of Merchant House, Merchant Capital, has terminated its relationship with the company with immediate effect.

The government could ease the transition to the flat rate state pension by paying out old state second pension entitlements as one-off sums in a ‘buyout' arrangement, according to a pensions consultant.

A wealth manager has launched a platform centred on discretionary fund management that claims to reduce costs for advisers by about 1%.

Strong data from China and a deal to avert the US fiscal cliff have helped push the FTSE 100 past the 6,000 mark for the first time since July 2011.

A leading thinktank has urged the government to take drastic steps to stimulate economic growth in the UK, as another forecast a 50/50 chance of a triple-dip recession.

Investors embroiled in the CF Arch Cru funds scandal are unlikely to benefit from a global compensation settlement, despite several MPs campaigning on their behalf, one key minister had said.

The Association of Professional Financial Advisers (APFA) is calling for more product manufacturer responsibility when marketing materials are relied on by investors and advisers.

SIFA, a body aimed at promoting collaboration between solicitors and independent financial advisers, has clarified its membership eligibility rules to reflect changes to the definition of IFA.

HM Revenue and Customs (HMRC) is reminding high-earning Child Benefit recipients that they have until 6 January to decide whether to stop receiving the benefit.