News

Investment platforms are still slapping customers with excessive penalties in an attempt to discourage them from leaving.

There is no reason why financial services shouldn't be ‘sexy' in a post-Retail Distribution Review (RDR) world, according to Rory Percival technical specialist at the Financial Conduct Authority (FCA).

Martin Wheatley, chief executive of the Financial Conduct Authority (FCA) believes the concept of caveat emptor in financial services in "hard to defend".

Hargreaves Lansdown has launched the ‘UK's first free' enhanced annuity search engine.

A survey of 150 investors in properties sold by overseas property agent Harlequin, which is at the centre of a Serious Fraud Office (SFO) investigation, suggests as many as 40% of them have asked for their money back - but only two have received it.

Retirement specialist MGM Advantage has linked with Pulse Insurance to promote the benefits of enhanced annuities and shopping around for retirement.

State-backed Lloyds bank has admitted that it mis-sold Scottish Widows structured products to thousands of customers and has said it will now undertake a review of sales, according to reports.

Ronnie Taylor, managing director of workplace at Standard Life, has left the life and pensions provider.

The UK will narrowly escape a triple-dip recession with economic growth for Q1 forecast to be 0.1%, acccording to the National Institute of Economic and Social Research(NIESR).

The double taxation agreement (DTA) between Guernsey and Qatar signals another important step in expanding the Island's business base in the Middle East.