News

A former IFA leading a campaign to rebuild consumer trust in financial services has called on the incoming Financial Conduct Authority (FCA) to publicly back its agenda.

Advisers "should be proud" of their efforts to be compliant with changes set to be introduced at the end of the year following the Retail Distribution Review (RDR), LV='s Steve Lewis says.

Unemployed graduates will be helped to break into the financial services industry with the launch of a training college.

An e-petition calling for drawdown rates to be revised to help pensioners who have seen their income drop has been posted on the government's website.

The Pensions Income Choice Association (PICA) has pushed Steve Webb to ensure 2.5 million members of trust-based pension schemes are covered by the forthcoming industry code of conduct.

Old Mutual Wealth has announced 200 jobs will be axed as it merges its business with Skandia.

Hargreaves Lansdown is set to reveal a new pricing structure to reflect changes brought about by the Retail Distribution Review (RDR), as it reports new business slowed in the three months to 30 September compared with last year.

More than half a million low-paid workers could lose out on thousands of pounds in employer pension contributions if the government increases the auto-enrolment earning trigger, unions have claimed.

Adair Turner has said one of the major flaws in the regulatory structure which failed to avert the financial crisis in the UK was that the Financial Services Authority (FSA) "was asked to do too much".

Standard Life says its five-year distribution deal with the Royal Bank of Scotland (RBS) will not target bank customers with IFAs.