News

Former boss of Barclays Bob Diamond could be called to Congress to face questions from US politicians, the Guardian reports.

Government should consider easing capped drawdown limits to enable investors to use funds to pay for long-term nursing home care, a provider has suggested.

Lloyds Banking Group could have to pay out as much as £1.5bn if found guilty of manipulating the LIBOR rate, analysts at Liberum Capital have warned.

Goldman Sachs has predicted the London Olympic Games will boost the nation's economic output by as much as 0.4 percentage points in Q3.

Although the postponement of the long-term care cap has been badly received by the industry, the proposal to ensure local authorities provide loans to the elderly for the purposes of care has been broadly welcomed.

The government has been urged to consider merging The Pensions Regulator (TPR) and Financial Services Authority (FSA) after a National Audit Office (NAO) report condemned the current system of DC regulation.

Andrew Dilnot's proposals for long-term care funding have once again been kicked into the long grass as health secretary Andrew Lansley today unveiled the long-awaited white paper on social care.

The Legal Ombudsman has warned the sector is at risk of dragging down its reputation to the level of the financial services industry through the mis-selling of confusing legal products and services.

The Association of Christian Financial Advisers (ACFA) has called for an end to the Financial Services Compensation Scheme (FSCS) in its current form and a re-drafting of the professional indemnity insurance (PII) market.

Auto-enrolment is a huge opportunity for advisers to grow their book of corporate clients but they must adapt and properly prepare for the change, according to Scottish Life.