News

The former chairman of collapsed lender HBOS was berated by MPs and peers yesterday and accused of being "either delusional or dishonest", The Times reports.

Chancellor George Osborne is set to announce austerity measures will be extended into 2018 and banks will face more tax in a "bleak" Autumn Statement, according to reports.

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Retirement Planner's round-up of the top pension stories this week.

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Friends Life has said that 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

Former Financial Services Authority (FSA) chief executive Hector Sants is in talks to join accountancy firm Deloitte as an equity partner, according to reports.

The Financial Ombudsman Service (FOS) has revealed details of a complaint where it has ruled in favour of a couple and against their IFA in a £60,000 case.

Fund manager Gervais Williams has written to the IFA community following his comments made in a Sunday Times interview last month, in which he labelled financial advice 'expensive'.

The new compulsory three-page Key Investor Information Document (KIID) will not be enough to bridge the information gap between all-knowing product manufacturers and the end customer, according to the Financial Services Consumer Panel (FSCP).