News

Chancellor George Osborne has pledged to use fines imposed by the Financial Services Authority (FSA) to compensate taxpayers in the wake of the LIBOR scandal.

Chancellor George Osborne has called the manipulation of LIBOR rates by Barclays traders "a shocking indictment" of the greed of the financial sector.

Guardian Wealth Management has revealed plans to offer a low-cost, remote independent advice proposition to clients, delivered via Skype and other online tools.

Barclays' share price has plummeted more than 8% this morning amid calls for boss Bob Diamond to quit in the wake of the LIBOR scandal, and ahead of a speech from George Osborne on the debacle later today.

AXA Wealth has announced its adviser charging proposition will cover its entire product range.

Who moved where in another busy week in financial services?

Impaired life annuities could offset ‘unfair' rises in state pension age for groups with lower life expectancy, the pension minister has said.

The Investment Management Association (IMA) has called on fund groups to enhance transparency on charges across all investor-facing documents, as well as giving a more prominent position to the ‘ongoing charge' and provide details of transaction costs....

Over half of IFAs deal with two or more SIPP providers for expertise, according to research from Splice Consulting.

The UK economy shrank by 0.3% in the first quarter, the final official reading has confirmed.