News

The leading accountants' trade body is to redraft its code of ethics and allow members to refer clients to restricted advisers on a case-by-case basis after the Retail Distribution Review (RDR).

A Belfast-based former appointed representative of St James's Place has joined Succession Advisory Service, establishing a Northern Ireland hub for the company.

UK dividends rose 18.4% in Q2 2012 to reach a record high of £22.6bn, fuelled by special dividends and strong underlying growth, according to the latest Capita Dividend Monitor.

John Kay has released his final report on the UK financial services sector, calling for investors to rethink their approach to portfolio construction and risk management.

The Pensions Advisory Service (TPAS) has questioned the veracity of some financial advice on self-invested personal pension (SIPP) investments after an increase in calls to its helpline on the issue.

Concerns have been expressed about the way in which the Financial Services Authority (FSA) is communicating the Retail Distribution Review (RDR) to consumers.

The £1.5m lifetime allowance on pension saving should be scrapped as it is a barrier to effective long term retirement saving, a provider has said.

Seven more banks have agreed to join the Financial Services Authority's (FSA) review of sales of interest rate hedging products to SMEs.

Global equity markets are tumbling this morning as the eurozone crisis once again takes centre stage, with Spain's debt costs leaping to a new record high and speculation returning Greece will exit the single currency.

BT chairman Sir Mike Rake has pulled out of the race to be the next chairman of Barclays, according to reports.