News

Sesame Bankhall Group has begun rolling out a new advice platform to its member firms.

The managing director of James Hay has apologised to ex-Honister advisers for a ‘heavy handed' letter sent direct to their clients indicating they could appoint a new adviser while theirs awaited re-authorisation.

Aviva is to roll out a simplified pension proposition on its platform, sitting between its ISA and SIPP models.

The Association of British Insurers has said it is "extremely confident" age and disability pricing factors will not go the same way as gender with the incoming EU Equal Treatment Directive.

Moody's has downgraded the credit rating of financial services group Close Brothers, pointing to the rapid growth of its loan book and its exposure to the flagging UK economy.

Victims of a £1m boiler room scam are to be paid back a fraction of their losses after the Financial Services Authority (FSA) secured a court order against the fraudsters behind it.

The government has been criticised for its insistence that the Money Advice Service (MAS) should be responsible for educating consumers about risk.

The government response to a European Court of Justice Ruling outlawing gender-based pricing of annuities has made it more likely that a test case will be brought, a lawyer has said.

Regulators have turned their attention to at least four of Europe's largest banks in a continued investigation of manipulation of the LIBOR benchmark interest rate.

Eurozone economies are in critical danger and in dire need of expansive quantitative easing measures from the ECB, according to an International Monetary Fund (IMF) staff report.