News

The man in charge of ensuring Britain's financial stability has warned MPs current plans to make banks safer do not go far enough, the Independent reports.

Aegon has blamed the run up to the Retail Distribution Review (RDR)for a £4m hit on its profits, its latest results showed.

Aviva's programme of job cuts, which will see 800 staff made redundant, is on track to save the insurer £250m by the end of the year, according to latest results.

The industry must work together to solve the problem of the growing "advice gap" which will affect millions of people with small pension savings, a think-tank has warned.

Self-invested personal pension (SIPP) provider Intelligent Money has sold its direct-to-consumer (D2C) business to discount broker Clubfinance.

A group of MPs are planning to set up an All Party Parliamentary Group to help British investors who are facing legal action by a Cyprus bank.

The average 50-year-old has paid three-and-a-half times as much direct tax than they have invested in their pension when they hit 50, according to analysis from MetLife.

The FTSE 100 is approaching a 16-month high today as investors around the globe welcomed Barack Obama's US election victory.

Wolverhampton-based sole trader Paul Landa is to launch a Facebook-like social network for advisers.

Cofunds has begun writing to the 400,000 advised clients on the platform, explaining its finalised 'disturbance' rules on legacy assets.