News

After a lot of wasted time talking about exams and regulation there is finally an "acceptance of reality" by advisers regarding the Retail Distribution Review (RDR), Nick Cann has said.

The Pensions Regulator (TPR) has begun auto-enrolment with just five staff members electing to opt out.

The Queen has spoken about "lax" City workers and a banking regulator which "didn't have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England

The taxman is sending warning letters to those who have now run up late-filing penalties of £1,300 for that year, under self-assessment.

S&P said it could lower the UK's rating "if fiscal performance weakens beyond our current expectations".

High earners will be about £1,000 a year worse off following the government's planned state pension reforms, the pensions minister has admitted.

Barclays could slash as many as 2,000 jobs from its investment banking arm as part of a broad restructuring of the company.

Skandia is planning to seed its new ‘Select' fund range with substantial institutional money from its life book in exchange for groups surrendering margin to join the exclusive panel of funds.

Scottish Widows has announced its post-Retail Distribution Review (RDR) charging model and the enhancement of its e-commerce channel.

The government has set the earnings threshold at which workers are auto-enrolled at £9,440 for 2013/14.