News

The disclosure of warning notices is a key part of the government's vision for the Financial Conduct Authority (FCA) but the power will be scrapped if used inappropriately, the House of Lords heard.

The head of the incoming Financial Conduct Authority (FCA) is set to outline how the new regulator will seek to restrict potentially harmful products from coming to market.

The incoming Prudential Regulation Authority (PRA) may impose restrictions on what staff at banks and investment firms can earn if the levels of remuneration pose a threat to the business's health.

Former Legal & General chief executive Tim Breedon is set to join the board of Barclays as a non-executive director.

Saga director general Ros Altmann has said the maths behind the Retail Prices Index (PRI) is not wrong and the Office for National Statistics' (ONS) proposal to change it is solely about the government reducing costs.

Households saved more money in the second quarter of this year as incomes improved, latest research has found.

Alliance Trust Savings (ATS) plans to increase assets on its adviser platform seven-fold by 2015.

Keith Carby's Caerus Capital has bought Paradigm Financial Advisers (PFA) from the Paradigm Group.

Personal Touch Financial Services has announced 22 job losses and restructured its board of directors to achieve a 25% cost saving in an attempt to "realign the business" and cut £1.5m in costs.

Consolidating pensions through a pot follows member system is more cost effective for than alternative forms of accumulation, Department for Work and Pensions statistics show.