News

Axa Wealth has unveiled its post-Retail Distribution Review (RDR) tiered pricing structure, which will come into force from January.

Pensions minister Steve Webb has said the Department for Work and Pensions (DWP) is considering imposing penalties on employers who do not choose auto-enrolment schemes deemed of a high enough standard.

The Financial Ombudsman Service (FOS) has doubled its staffing levels since April last year to deal with volume of complaints about mis-sold payment protection insurance (PPI).

Steve Webb has written to the Association of British Insurers (ABI) demanding evidence that consultancy charges levied on pension scheme members are value for money.

The incoming Financial Conduct Authority (FCA) will swoop in to stamp out activities that it believes run counter to the spirit and practice of the Retail Distribution Review (RDR), according the FSA's head of investment policy.

Skandia has agreed a deal with eight external fund groups whose funds will feature in its restricted panel, Investment Week can reveal.

Global Emerging Markets (GEM) was the best-selling Investment Management Association (IMA) sector for the first time ever in October, the latest sales figures reveal.

Eurozone finance ministers have negotiated a rescue package for the rapidly deteriorating Greek economy following ten hours of intense talks in Brussels.

The appointment of the Bank of Canada's Mark Carney as the next Bank of England governor has been heralded as an "outstanding choice" by analysts and led to upgrades for UK banks.

UK GDP growth for the third quarter of 2012 has been confirmed at 1% by the Office for National Statistics in its second official reading.