News

Barclays has hired an investment banker to lead an independent review of its culture, as the bank tries to clean up its image following the LIBOR scandal.

Financial Services Authority (FSA) chairman Lord Adair Turner said the regulator is reviewing its approach to supervision following the LIBOR scandal, but said it would cost too much to prevent all malpractice in the industry.

Retirement Planner's round-up of the top pension stories this week.

In this week's quick fire poll we ask: Labour have accused private pension charges of being unfair. Do you agree that pension charges are a rip-off?

Adviser network Personal Touch Financial Services (PTFS) has hired a new marketing director following the resignation of sales and marketing director Dev Malle.

The number of mortgage applications approved by banks fell sharply in June as the UK was hit by the wettest month on record, figures from the British Bankers' Association (BBA) show.

Labour shadow pensions minister Gregg McClymont has set out ten principles he believes will "end rip-offs in private pensions".

Sentiment among UK and European financial advisers has fallen to its lowest level in 12 months, according to a recent global report.

A key Lighthouse shareholder has urged others to vote against the group's proposal to delist from AIM, arguing that concessions made in a statement this morning do not make a 'jot of difference' to the situation.

Her Majesty's Revenue & Customes (HMRC) is to repay an adviser £259,000 for incorrectly charging VAT on intermediary services.