News

The Financial Services Authority (FSA) has been accused of a 'stitch up' over its decision not to fine Capita Financial Managers (CFM) £4m over the Arch Cru scandal.

The ‘advice gap' post-Retail Distribution Review (RDR) is a major cause of concern and must be monitored closely by regulators, the Association of British Insurers (ABI) will say later today.

The Solicitors Regulation Authority (SRA) is to recommend that its members are allowed to refer clients to both restricted and independent advisers.

People have little awareness of the Retail Distribution Review (RDR) despite grasping the importance of financial planning, research has found.

A clear majority of people will remain in a workplace pension once auto-enrolled, a Department for Work and Pensions (DWP) survey has found.

Mark Carney has seen off fierce competition to land the job of Bank of England governor, replacing outgoing chief Sir Mervyn King next summer.

Aegon has launched a range of lifestyle funds to better cater for clients saving for retirement during ‘constrained economic conditions'.

The Chartered Insurance Institute (CII) and the London School of Economics are launching a major piece of academic work looking at risk taking within financial services.

J.P Morgan Asset Management has launched an online portal to help advisers deal with their clients' income-related needs.

An IFA has said at least two of his advisers and one of the accountants he works with have been cold called by firms trying to sell them and their clients pension unlocking schemes.