News

European bond and stock markets saw a sharp sell-off on Monday after a shock result from the Italian election, where no political group managed to win a majority vote.

Cofunds, the UK's largest platform, has backtracked on its unpopular policy on re-reg after an outcry from peers and advisers.

The mandatory code of conduct on retirement choices for all Association of British Insurers (ABI) members, set to be enforced from 1 March, must go further to better help consumers, annuity campaigners have said.

Tenet Group has been invited to join the Department for Work and Pensions (DWP) Intermediaries Forum to help achieve more effective education and implementation of auto-enrolment.

Annuity Direct has warned the Association of British of Insurers' (ABI) code of conduct on annuity purchase will not be ‘strong enough' to protect consumers or encourage shopping around.

An IFA has claimed a number of providers have agreed to pay him compensation following a raft of "significant" delays and mistakes he believes have been caused by their failure to be ready for a post-Retail Distribution Review (RDR) world.

Royal London Asset Management's (RLAM's) Ivor Pether will take over management of the £405m RLAM UK Equity fund following the departure of the firm's head of equities, Jane Coffey.

National IFA and consolidator Bellpenny has agreed a deal to use Capita Financial Software's research and risk profiling tool Synaptic Fusion.

Pensioner pressure groups have mounted campaigns in Eastleigh in a bid to capture attention as national media focus on the shock by-election.

The Serious Fraud Office (SFO) has been called in to investigate Harlequin Property, a UK-based overseas property sales agent that is not regulated by the Financial Services Authority (FSA), according to reports.