News

Feedback from advisers across the globe has shaped the latest version of FinaMetrica's latest risk-profiling tool, the group's head has said.

Legal & General Network (LGN) has confirmed plans to freeze its current charges for existing mortgage, protection and general insurance services until January 2014.

The US government has postponed the start date of incoming tax regime FATCA to give businesses more time to comply with the rules.

RSM Tenon has reduced its client bank by almost 70% as part of its segmentation process in the run up to the implementation of the Retail Distribution Review (RDR).

Spanish banking giant Santander has seen its profits tumble by more than 90% in the third quarter after bad property loans in Spain battered its books.

Nucleus chief executive David Ferguson has criticised Skandia's plans to buy up restricted advice firms to increase distribution.

Labour has asked the government to amend current drawdown rules to ease financial pressure on people who have seen their income drop by up to 40%.

Just Retirement Solutions has been confirmed as a member of the Equity Release Council following the successful screening of its advisers.

‘Inappropriate' active member discounts (AMDs) could threaten the success of auto-enrolment and must be restricted, Legal & General has warned.

UK GDP rose by 1% in the third quarter of 2012, bringing the UK out of recession with first positive quarter of growth this year and beating analyst forecasts of a 0.6% rise.