News

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

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.

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

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.

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

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.

Wealth manager Brooks Macdonald has announced a spate of acquisitions alongside a hike in profits which have jumped 17% to £8.5m year-on-year.

A Conservative peer has urged the coalition to cut the Capital Gains Taxes (CGT), arguing it discourages savings and investment and drives funds away from assets with high returns.

The Financial Services Authority (FSA) is urging firms to consider their professional indemnity insurance (PII) situation and client communications ahead of Retail Distribution Review (RDR) implementation.

Fidelity has expanded Trevor Greetham's multi-asset range of funds, after launching a higher-risk adventurous fund.