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News

Income

All change for annuities

2012 is shaping up to be a big year, what with the Olympics, the European Championships, and the Queen's diamond jubilee. Not to mention the EU Gender Directive.

clock 26 April 2012 •

Equity release

Equity release could be big business

Clients can't afford to overlook cash in their home With falling investment returns and low interest rates affecting savings, retirees are looking for other ways to fund their retirement. Research for Aviva shows that retired people own property worth...

clock 26 April 2012 •

Income

A new kind of retirement

With thousands of retirees, rising state pension age and increased longevity, the at-retirement market is changing. As today's retirees are living longer, their money has to stretch further and they need more ways to pay for their retirement.

clock 26 April 2012 •

Investment

Old Mutual says asset management merger could see job cuts

Old Mutual has said the merger of its two UK asset management businesses could result in job losses - but denied the move is a "cost-cutting" exercise.

clock 26 April 2012 •

Income

The age of generosity - the cost of supporting families and friends

In the last couple of years, the rising cost of living has impacted everyone. Its effects have been felt strongly by the young - struggling with unemployment and seemingly unattainable life goals, and the older generation - as they look to maintain their...

clock 26 April 2012 •

RDR

HSBC shuts tied advice service due to RDR

HSBC has confirmed it is to close its tied advice service, with the loss of about 600 jobs, as the bank prepares for life post Retail Distribution Review (RDR).

clock 26 April 2012 •

Regulation

FSCS Levy Action Group petition received 1,421 signatures yesterday

An FSCS Action Group petition, called Day of Action, campaigning on for a fairer Financial Services Compensation Scheme, received 1,421 signatures in total yesterday.

clock 26 April 2012 •

RDR

Nine out of ten advisers back RDR consumer campaign

Nearly nine out of ten financial advisers want to see a consumer campaign launched to raise awareness on the benefits of the retail distribution review (RDR).

clock 26 April 2012 •

Investment

Huge numbers of workers may be missed out of AE

Companies could be missing thousands of eligible workers out of their auto-enrolment plans because they wrongly believe they are classed as self-employed, consultants and a lawyer warn.

clock 26 April 2012 •

Economics / Markets

UK set for 'lost year' as double-dip drags into summer

Britain's fall back into recession will drag on until June at the earliest and condemn the country to another lost year, economists have warned.

clock 26 April 2012 •
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