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News

Economics / Markets

Federal Reserve pulls trigger on QE3

The Federal Reserve has unleashed a third round of quantitative easing (QE) to support the US economy following a wave of poor data and a weakening labour market.

clock 13 September 2012 •

Economics / Markets

Tyrie says HBOS report must include review of FSA conduct

The Treasury Select Committee (TSC) is to appoint specialist advisers to oversee the drafting of a report by the Financial Services Authority (FSA) into the failure of HBOS.

clock 13 September 2012 •

Wrap/platforms

Skandia platform posts £11m loss as RDR costs bite

Skandia Investment Solutions, one of the UK's largest platforms, made a loss of £11m in 2011 as the cost of preparing for the Retail Distribution Review (RDR) impacted the business.

clock 13 September 2012 •

Investing in the profession

PMI and Imperial to set up first pensions MSc

The Pensions Management Institute (PMI) and Imperial College London signed a formal Memorandum of Understanding today, paving the way for the creation of the first specialised masters degree in pensions.

clock 13 September 2012 •

Investment

MetLife quits fixed term annuity market

MetLife has pulled out of the fixed term annuity business blaming insufficient returns.

clock 13 September 2012 •

Regulation

Panacea urges Fallon to ditch needless financial services regulations

Panacea chief executive Derek Bradley has written to business minister Michael Fallon urging him to consider the financial services sector in his radical new deregulation plan.

clock 13 September 2012 •

Regulation

Public sector pension reform plans reach parliament

The Public Service Pensions Bill 2013 will today be announced in parliament amid controversy over major strike action by unions.

clock 13 September 2012 •

Income

James Hay targets SSAS push with Watts appointment

James Hay Partnership has confirmed it is making a concerted push into the small self-administered scheme market with the appointment of Holly Watts as head of SSAS new business development.

clock 13 September 2012 •

Equity release

ERSA admitted to Equity Release Council

The Equity Release Solicitors Alliance (ERSA) and its seven member firms have been admitted to the Equity Release Council.

clock 13 September 2012 •

Investment

DWP to push AE through 'trusted voices' media blitz

The Department for Work and Pensions (DWP) is set to begin a widespread advertising push on September 17 using "trusted voices" in the media to gain public support for auto-enrolment.

clock 13 September 2012 •
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