News

Only one in ten employers understands how to discharge their duties under auto-enrolment, Department for Work and Pensions (DWP) research has found.

Confidence in defined contribution (DC)pensions has fallen so low that the majority of workers would choose an inferior financial reward over a 10% boost to their employer contribution, research has found.

Wealth manager St James's Place (SJP) is offering a range of extra services to strengthen relationships with new and existing clients.

The gearing and mid/small cap bias of Anthony Bolton's Fidelity China Special Situations trust have raised questions over its suitability for retail investors, Winterflood Securities has said.

Financial planner and asset manager Ashcourt Rowan has announced a pre-tax loss of £2.32m for the year ending 31 March, against £5.75m in the previous year.

The Scottish police and HM Revenue & Customs (HMRC) plan to add a layer of anti-fraud checks to mortgage applications in a crackdown on money laundering.

The Financial Services Authority (FSA) has laid bare some of the sales practices adopted by firms in the now-defunct sale and rent back (SRB) market, including evidence one firm charged clients up to £40,000 on single transactions.

The majority of people in capped drawdown are not taking an income from their pension fund and leaving their estate open to 55% tax charges on death, Skandia has warned.

Lighthouse Group shareholders have voted against plans to delist the company from the AIM stock exchange.

The management at Swindon-based Intrinsic Financial Services has bought out shareholder Lloyds Banking Group in a bid to make the company saleable.