Moving to a flat-rate single tier state pension will take the risk out of advising people on whether it pays to save for retirement, MPs heard.
The Financial Services Authority (FSA) is warning advisers to ensure their in-house risk assessments are aligned with those of any discretionary fund managers (DFMs) they use.
The Personal Finance Society (PFS) has launched an online ethics toolkit for its members.
The Investment Management Association (IMA) will rename the Absolute Return sector as the Targeted Absolute Return sector as it completes a long-awaited review of the space.
Standard Life Wealth (SLW) is to pay up to £83.5m for Newton's private clients division, adding an extra £3.6bn in assets under management to its business.
Self-invested personal pension (SIPP) provider Stadia Trustees has stopped accepting all new business.
HM Revenue & Customs (HMRC) has successfully challenged a tax avoidance scheme in court and thereby ensured an additional £156m will be collected for the UK coffers.
UK GDP contracted 0.3% in the last quarter of 2012, according the second reading of the data.
Three men have been arrested as part of the Financial Services Authority's (FSA's) and Metropolitan Police's ongoing fight against insider dealing and market abuse.