News

Asian markets jumped overnight and European exchanges are expected to open strongly after pro-bailout party New Democracy scraped a narrow win at the Greek election.

Business secretary Vince Cable is to take action against Fred Goodwin and a small number of other former Royal Bank of Scotland (RBS) directors over the bank's collapse.

Skandia International, Fairbairn Private Bank and Axa PPP International scooped big prizes at this year's International Fund & Product awards.

A report that describes the IFA brand as "irretrievably damaged" has been criticised by adviser trade association, the IFA Centre, which said the report's target was "simply wrong".

Enhancements to women's pension provision will decrease the importance of joint life annuities according to pensions minister Steve Webb.

Royal London-owned wrap Ascentric is running half day RDR Workshops for firms which have transitioned to the Retail Distribution Review (RDR) or are in the process of doing so.

UK bank shares have jumped following last night's announcement of a £100bn stimulus package for the UK economy.

The Financial Services Authority (FSA) has expressed concerns about provider preparedness for changes set to be introduced following the Retail Distribution Review (RDR).

Bank of Scotland has appointed Mattioli Woods to operate its £140m Pilgrim SIPP.

BlackRock has become the latest in a line of providers and asset managers to launch a master trust before auto-enrolment.