News

Moody's Investors Service has downgraded the credit rating on 28 Spanish banks, including Banco Santander, less than a month after cutting the nation's sovereign rating.

Discretionary wealth manager and independent advisory group AFH has acquired Cheltenham-based IFA Specialist Solutions in a deal worth up to £725,000.

Lighthouse Group intends to launch a Direct to Consumer simplified advice service in a bid to capture a section of the mass market that is unable or unwilling to pay for financial advice.

AWD Chase De Vere has partnered with Welsh accountancy firm ktsowensthomas (KTS) following a tender process.

European equities lost ground in afternoon trading ahead of a crucial EU summit, as Spain officially asked its eurozone neighbours for a bailout.

MPs should ditch their gold-plated pension arrangements and move to a defined contribution (DC) scheme, Saga director-general Ros Altmann says.

The Association of Independent Financial Advisers (AIFA) has appointed Clare Griffiths from the Financial Services Compensation Scheme as its new senior policy adviser.

Failure to shop around for an annuity is costing pensioners £124m per year, Key Retirement Solutions claims.

The majority of advisers favour outsourcing investment management to a discretionary fund manager (DFM), research suggests.

Nine out of ten advisers report clients using income drawdown are worried about their income potentially falling by as much as 55%, a poll has found.