News

The FSA's decision to restrict the sale of traded life policy investments (TPLIs) looks likely to spread to other alternative investments, according to a law firm and life settlement trade body.

The UK pensions bill hit £7.1trn at the end of 2010, weighed down by firms with defined benefit (DB) schemes owing £1.3trn in pension obligations, national statistics show.

Two-thirds of IFAs do not account for long-term care within clients' financial planning; according to a survey.

LV= has appointed Katherine Oxenham as business development manager for its retirement solutions business.

The Luxembourg-based UCITS Alternative Investable Index Fund is to waive its management fee to become the first fund management company in the alternative UCITS' space to charge performance fees only.

The latest product launch from Friends Provident International (FPI) has launched five risk-rated model fund portfolios as part of is online Dynamic Portfolio Planner International (DPPi).

The Irish Funds Industry Association (IFIA) has announced plans to open a representative office in Hong Kong to tempt local managers seeking an offshore presence.

Some Barclays shareholders are expected to vote against the pay of its top executives at the bank's annual general meeting on Friday.

Standard & Poor's (S&P) has cut Spain's credit rating two notches to BBB+ and warned of more economic pain to come.

The Pensions Regulator (TPR) has moved to relax rules governing some UK pension schemes as low gilt yields are leaving hundreds underfunded.