News

A financial adviser has received substantial damages after being falsely accused of stealing £5m by the Mail on Sunday newspaper.

John Hamilton is to step down from his role as head of fixed interest at Jupiter after almost 25 years at the group.

The Financial Services Authority (FSA) has blocked acquisition activity by a financial adviser, questioning her reputation and citing her lack of honesty and integrity.

Some 70% of advisers plan to use an external solution to help meet auto-enrolment technology requirements, Staffcare research reveals.

Advisers have expressed concerns about a new annuity comparison tool on the Money Advice Service (MAS) which links to the Saga Annuity Service, a tied agent.

Mervyn King, the governor of the Bank of England, told Barclays Marcus Agius on 2 July that Bob Diamond had lost the support of the regulator.

A Conservative MP and close ally of the Prime Minister will today call for pensioner benefits to be means tested.

Simon Chamberlain, the founder of Succession Advisory Services, has branded life insurance companies as the ‘dark forces' of the industry and questioned their motives for setting up platforms.

Barclays former chief executive Bob Diamond has opted to give up a deferred bonus owed to him from his former bank, worth up to £20m.

A House of Lords committee has called for a ban on commission payments to financial advisers across Europe, regardless of their status.