News

Banking giant UBS could cut thousands of jobs in London as part of a plan to split its operations.

Advisers looking to break into the corporate pension market to serve SMEs' needs after automatic enrolment should consider taking specialist qualifications, according to the Pensions Management Institute (PMI).

Cabinet minister Ken Clarke has backtracked after suggesting a tax break promised to married couples would not be implemented.

The European Parliament has voted against a ban on commission payments in Europe in a move placing it at odds with the FSA's stance under the incoming Retail Distribution Review (RDR).

MGM Advantage has confirmed its annuity quoting structure and business model for the period leading up to the EU gender ruling on 21 December.

Zurich has today released details of its Retail Distribution Review (RDR) charging structure and plans to close some of its products.

The UK Statistics Authority has called for a review into the early release of sensitive economic data after Prime Minister David Cameron appeared to let slip details of Q3 GDP ahead of time.

An adviser has had his application to become an approved person rejected because of his failure to disclose past convictions and a prosecution for mortgage fraud.

Martin Wheatley has called for tougher sentencing powers for white-collar criminals to force them to cut deals and expose other colleagues, the Independent reports.

Lord Flight has continued his broadsides against the Financial Services Authority (FSA), criticising it for taking a "tough guy, macho" approach to compensate for past failures.