News

HSBC has apologised to the US Senate after the bank was found to have allowed drug money to be laundered through its accounts.

The majority of pension providers and managers are failing to inform savers about 'hidden charges' which typically wipe £100,000 off pension savings, a think tank has said.

Guardian Wealth Management has appointed technology provider SEI to run its white-labelled platform and back-office systems.

Workers risk missing out on essential financial advice if Steve Webb's small pot pension plan goes ahead, Aegon has warned.

In this week's Retirement Planner quick fire poll we ask: Consumer groups have voiced concerns about DWP's small pot plan. Is a pot-follows-worker approach the best way forward?

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

The Court of Appeal has unanimously rejected an appeal by a taxpayer against HMRC regarding a tax avoidance scheme recommended by PricewaterhouseCoopers in the early noughties.

Consumer groups are "extremely concerned" about the government's decision to pursue a pot-follows-worker approach to pension consolidation.

The Financial Services Authority (FSA) is asking former Honister Capital IFAs to detail their exposure to Arch Cru and Keydata, as well as any previous pension transfer activity, as the advisers seek to be re-authorised.

Employers are being too optimistic about the time it takes to prepare for auto-enrolment, with nearly one-third of firms hoping to prepare in less than three months, research shows.