News

Prudential has dropped funds including Richard Buxton's Schroder UK Alpha Plus fund from its Dynamic Portfolio range in a move to diversify UK equity risk.

James Senior, head of marketing at Ignis, has left the firm with immediate effect.

Bank of England (BoE) deputy governor Paul Tucker has admitted quantitative easing (QE) had lost some of its "bite", the Telegraph reports.

The LIBOR system is "broken and needs a complete overhaul", according to Financial Services Authority (FSA) head of conduct Martin Wheatley.

Almost two million people plan to use their property to bolster their retirement income, research shows.

The Association of Independent Financial Advisers (AIFA) has warned that a proposed ban on cash rebates by platform service providers could lead to increased costs for consumers.

A number of platforms have questioned the Financial Services Authority's (FSA) intention to ban cash rebates to consumers.

The US economy grew more slowly than expected in the second quarter, compounding fears the world's largest economy could be heading back into recession, the latest data has revealed.

The Pensions Regulator (TPR) plans to fine pension providers who do not properly report auto-enrolment failures.

Sainsbury's will use its existing Legal & General (L&G) schemes for auto-enrolment, as it becomes one of the first companies to undertake the reform this Monday.