News

Business Secretary Vince Cable has thrown open a potential challenge to George Osborne's role as Chancellor of the Exchequer after claiming he would "make a good chancellor".

Online adviser support on I-E tax changes and the gender directive has been launched by LV=.

Crewe-based adviser Jones Sheridan Financial Consulting has acquired IFA firm Brown & Corbishley Financial Services, as part of a drive to take over four IFA businesses in the run-up to the Retail Distribution Review (RDR).

The number of people saving through a workplace pension scheme has dropped 15% since 2007, with just a quarter of workers actively saving for retirement.

Lloyds Banking Group has reported a loss of £439m in the first half of the year, after the bank was forced to set aside an additional £700m for payment protection insurance (PPI) claims.

Uncertainty about professional indemnity insurance (PII) cover and concerns about the impact on consumers are among the main worries of Financial Services Authority (FSA) board members about a proposed £110m redress scheme for Arch Cru investors, it has...

Profits at wealth manager St James's Place (SJP) rose in the first six months of the year, helped in part by a record quarter for new business.

The Financial Services Authority (FSA) has cancelled an adviser's Part IV permissions for his failure to submit a Retail Mediation Activities Return (RMAR) for 2011.

The British Bankers Association (BBA) has come under fire from a former member of the LIBOR compilation team at Thomson Reuters, who claims the organisation was told on a weekly basis in 2008 that the rates were being distorted.

The European Commission has cracked down on the fixing of interest rates in the latest twist to the LIBOR scandal, which has dominated headlines in recent weeks.