News

Britons have increased the amount they are saving, and the best savers are young women, according to a quarterly savings survey released today.

The Financial Services Authority (FSA) has charged a trader with seven offences, including fraud and forgery, relating to an unauthorised investment scheme he operated.

Nick Clegg's idea that pension savings should be used as a form of guarantee to help young people get on the housing ladder is ‘half baked', Saga's Ros Altmann has said.

Henderson has launched two low-cost income funds for Bill McQuaker and the multi-asset team.

Old Mutual Wealth - which includes the soon to be rebranded Skandia businesses - is planning to take stakes in adviser firms which become restricted as part of a major change in its business plan post-the Retail Distribution Review (RDR).

Lighthouse Group earnings fell by almost a quarter in the first six months of the year as more than 100 advisers left the company, while those who remained suffered from the "extremely disruptive" effects of preparing for the Retail Distribution Review...

Canaccord, the Canadian adviser, has acquired the wealth management business of Eden Financial to expand its UK wealth management group, Collins Stewart Wealth Management.

The Liberal Democrats are to propose a scheme whereby parents could use a portion of their pension savings to help their children get on the property ladder.

The Financial Services Authority (FSA) and Treasury "seem to be in denial of the pending shambles' caused by the Retail Distribution Review (RDR), Lord Flight has argued.

Nick Clegg is urging the Conservatives to back a "wealth tax" ahead of the Liberal Democrats' annual conference in Brighton.