News

Asian markets fell more than 1% in some regions overnight, with the wider area set for its biggest monthly drop since the financial crisis of 2008.

Shareholders in Royal Bank of Scotland(RBS) will never recover the money they lost after the lender's collapse more than three years ago, according to the bank's chairman.

The abolition of protected rights from pension saving will make setting up flexible drawdown easier and quicker for advisers, providers have said.

An alliance of long-term care groups and campaigners has created a six-point plan calling for urgent and significant reform of the country's "unfair system".

A second man has been arrested as part of a Financial Services Authority (FSA) investigation into a suspected unauthorised foreign exchange trading scheme.

Net retail sales of UK domiciled funds reached £2.1bn in April, the highest level since April last year and well above levels seen over the last nine months.

The latest appointments in financial services...

The British Medical Association (BMA) has voted in favour of industrial action in protest against reforms to the NHS pension scheme.

Old Mutual Asset Managers has appointed Steven Brown, formerly of RBS Global Banking & Markets, as head of advisory distribution.

Hargreaves Lansdown's investment manager Ben Yearsley has left the firm, Investment Week understands.