News

GDP data released today is expected to paint a miserable picture for the UK economy, with a contraction in growth forecast for the second quarter.

Chairman of the Financial Services Authority (FSA) Lord Turner is interested in becoming the next governor of the Bank of England, The Times reports.

Regulations should crack down on the promotion of unregulated investments rather than increase elf-invested personal pension (SIPP) red tape, a trade body says.

The government must act to curb soaring cost of funding occupational pension schemes which is harming businesses' ability to invest and create jobs, employers have said.

Equity release advances have increased to the highest level in two and a half years according to the Equity Release Council (ERC).

Barclays has hired an investment banker to lead an independent review of its culture, as the bank tries to clean up its image following the LIBOR scandal.

Financial Services Authority (FSA) chairman Lord Adair Turner said the regulator is reviewing its approach to supervision following the LIBOR scandal, but said it would cost too much to prevent all malpractice in the industry.

Retirement Planner's round-up of the top pension stories this week.

In this week's quick fire poll we ask: Labour have accused private pension charges of being unfair. Do you agree that pension charges are a rip-off?

Adviser network Personal Touch Financial Services (PTFS) has hired a new marketing director following the resignation of sales and marketing director Dev Malle.