News

Sanlam Global Investment Solutions is launching an offshore bond designed to protect against volatile equity and bond markets.

Without new models in the financial services market the ‘advice gap' is here to stay, a report warns.

Almost a quarter of UK advisers who charge £100 or less for their services face a 40% drop in income from 1 January next year as rules outlawing the payment of commissions to advisers come into force, research suggests.

The number of complaints related to advising, selling and arranging rocketed from 647,000 in the first half of last year to almost 1.1 million in the second half, according to figures released by the FSA today.

GRIPES

Pension savers who have acted to protect their lifetime allowance through fixed protection could lose the benefit if they are covered by scheme life insurance.

The UK economy shrank more than previously feared in the final quarter of last year, the latest official figures have revealed.

Pension funds have been urged to directly engage with companies on executive pay by leading corporate governance bodies.

Teachers and college lecturers in London are staging strike action today over changes to their pensions.

The Queen's Diamond Jubilee celebrations will cause the economy to contract between April and June, the Bank of England's Mervyn King has warned.