News

Bankers' bonuses should be delayed for up to ten years to kill off a culture of short-termism at large institutions, a senior official has suggested.

A group of former advisers and IT professionals have launched a website allowing IFAs to take referral fees from conveyancing and property valuations.

BlackRock has launched an Emerging Markets Absolute Return fund for managers Sam Vecht and Henry Wigan.

A network allowing de-authorised advisers to continue to claim trail commission is to launch in March this year.

More than 100 current and former employees of Barclays have lost their fight for their identities to be concealed in an upcoming court case centred on the alleged rigging of the LIBOR interest rate.

The former head of Lloyds Banking Group's retail division has apologised "wholeheartedly" for the mis-selling of payment protection insurance (PPI), for which the bank has so far paid £5.3bn reimbursing customers.

A London law firm is pursuing 67 financial advisers who recommended clients invest hundreds of thousands of pounds in off-plan Cypriot properties which have either failed to be built or have plummeted in value.

The Crown Prosecution Service (CPS) is to ramp up investigations into middle class professionals evading tax, as part of proposals to be outlined on Tuesday.

The International Organization of Securities Commissions (IOSCO) has published guidance for intermediaries who advise on complex financial products, including a report detailing nine principles on best practice.

A report by Fidelity and the Cass Business School suggests as many as 43 million Britons could fall into what they call a "guidance gap" as a result of the Retail Distribution Review (RDR).