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News

Income

Today's costs hitting tomorrow's retirees

Fewer people are saving long term as covering current costs gets harder, according to AXA's Big Money Index 2012.

clock 19 September 2012 •

Income

Primetime eyes distribution boost with Avelo tie-up

Primetime Retirement has partnered with the Avelo Exchange portal in a bid to expand the distribution of its fixed term annuity offering.

clock 19 September 2012 •

Regulation

FSA concerns on Bob Diamond promotion revealed

Newly-released documents have revealed the Financial Services Authority (FSA) approved Bob Diamond's appointment as CEO of Barclays, despite concerns about the culture at the firm and the knowledge that the bank may face punishments for LIBOR-fixing....

clock 19 September 2012 •

RDR

Axa study casts doubt on per-hour adviser charging

Few investors would select to pay for financial advice based on a per-hour charge - or as a percentage of investible assets - research suggests.

clock 19 September 2012 •

Income

Older people excluded from financial services

Older people are struggling to access financial services because products and industry do not connect with them, suggests research.

clock 19 September 2012 •

Investment

Rate cut by November predicted as Bank eyes further stimulus

Capital Economics has predicted the UK's base rate could be cut imminently after the latest minutes from the Monetary Policy Committee (MPC) showed members were considering further stimulus measures.

clock 19 September 2012 •

Regulation

AIFA floats 'customer agreed liability' long-stop solution

The Association of Independent Financial Advisers (AIFA) has proposed the idea of ‘customer agreed liability' as a way of tackling the absence of a 15-year long stop on complaints.

clock 19 September 2012 •

Economics / Markets

Mistrusted banks 'desperately need' reform, says Which?

Consumer body Which? has called for ‘desperately needed' reforms of the banking sector following research indicating widespread lack of trust among consumers.

clock 19 September 2012 •

Property Investment

Aviva Investors proposes closure of global REIT business

Aviva Investors has proposed the closure of its Global Listed Real Estate Securities business, including the Global REIT fund run by Paul Van De Vaart, as it has "insufficient scale".

clock 19 September 2012 •

Equities

Chatfeild-Roberts unveils fund for investors 'scared of equities'

Jupiter chief investment officer John Chatfeild-Roberts has outlined the shape of his Merlin Conservative portfolio, which will launch later this month, marking the fifth edition to his £7bn strong fund of funds range.

clock 19 September 2012 •
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