News

Henderson non-executive chairman Rupert Pennant-Rea is to stand down in May 2013 to take a similar role at Royal London Group.

Employers need to be given a defined line between providing information and advice on pension arrangements, a select committee has been told.

Business secretary Vince Cable has said investors' expectations on possible return from bank stocks are "hopelessly unrealistic".

Directors of Black and White Group, Chris Ollenrenshaw and Thomas Reeh have both been fined a total of £60,000 by the regulator, while Adrian Childs and Ollerenshaw have been banned.

Women are more likely than men to be hit by financial hardship when they retire if their spouse dies before them, according to Prudential.

A Brewin Dolphin broker sparked a brawl after discovering a colleague was having an affair with his fiancé, a court has heard.

A group of investors caught up in the failed Connaught Asset Management funds have voiced their anger at the continued appointment of the funds' administrator despite an attempt to oust him at a general meeting.

Ashcourt Rowan has expanded by opening a new office in Sailsbury, Wiltshire.

The Financial Services Authority (FSA) has agreed to implement a six month maximum time scale for banks to complete their review and offer redress over interest rate swap mis-selling.

Threadneedle head of distribution Campbell Fleming is to become chief executive of the asset manager as current CEO Crispin Henderson moves to a new role at parent group Ameriprise Financial.