News

A decision by the Financial Services Authority (FSA) to cut the lower projection rate for some investment products to 2% could deter many consumers from saving, provider LV= said.

Pension and severance payments totalling £412,000 handed to the former chief executive of the Serious Fraud Office (SFO) have been ruled "irregular" by the National Audit Office (NAO).

Merchant House chief executive Christopher Day has stepped down with immediate effect.

The soaring share price of Lions Gate Entertainment and Disney's $4bn acquisition of Lucasfilm demonstrate the increasing power of content providers, according to Alliance Trust Asset Management's Justin Atkinson.

The Financial Services Compensation Scheme (FSCS) will accept customer claims for compensation against Rockingham Independent after declaring it in default - though it remains unsure whether it will process claims related to sales of bonds issued by ARM...

The Financial Services Authority (FSA) has confirmed self-invested personal pension (SIPP) charges disclosure exemptions will be removed from April 2013 to address current failings in the market.

More than 700,000 people contacted the Money Advice Service (MAS) in the last six months, an increase of 8% compared to last year.

The Financial Services Authority (FSA) is to press ahead with its proposed reductions in pension projection rates, despite opposition from providers.

Walker Crips has agreed to sell corporate advice subsidiary Keith, Bayley, Rogers & Co to BMV Investments as it focuses on core businesses.

LV= has added benefits to its income protection (IP) offering for medics so they have a relevant level of cover.