News

Barclays Bank has agreed to compensate some customers affected by its takeover of ING Direct UK, if the move compromises savers' protection under the Financial Services Compensation Scheme (FSCS).

The director-general of the Institute of Directors (IoD) has hit out at the pay packages received by bankers.

Aegon has signed a deal with discretionary fund manager (DFM) London & Capital (L&C), making a range of the DFM's multi-asset portfolios available via the provider's platform.

Investment platform Skandia has criticised plans by the Financial Services Authority's (FSA's) to outlaw rebates on 'legacy' business paid by fund groups to platforms from 2016.

TailorMade, a UK distributor of investments in Harlequin Property, has said it stopped taking new money into the overseas property scheme in January following a Financial Services Authority (FSA) alert about Harlequin.

Most investment company directors think the Retail Distribution Review (RDR) will be positive for the sector, a poll suggests.

An online tool to promote local whole of market advice for annuity purchase has been launched by an IFA.

The government is consulting on plans to expand the range of shares that are eligible for a stocks and shares ISA.

There could be 1.5 million self-invested personal pensions (SIPPs) by 2018 despite FSA regulation potentially contracting the number of providers in the market, according to John Moret.

A gang who made a film starring a former Eastenders actor solely as a £2.8m tax scam have been convicted at Southwark Crown Court.