News

The government's failure to set out cost principles for the funding of long-term care will slow new solutions from the private sector, according to Just Retirement.

The Financial Services Authority (FSA) is to commission an independent review of the Money Advice Service's (MAS) use of its resources next year, it has been revealed.

James Hay Partnership has added an additional eight managers to its iSIPP investment managers panel.

Imminent plans for another round of US quantitative easing were ruled out yesterday following the publication of the US Federal Reserve minutes, disappointing markets.

Five men were jailed yesterday for a total of 20 years for running a multi-million pound boiler room fraud.

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HSBC has revealed it faces a hefty fine - estimated at $1bn by analysts - from US regulators for failing to have the right anti money laundering controls in place from 2004 until 2010.

The head of the Confederation of British Industry (CBI) has hit out at the government's implementation of its growth plan, calling it "really disappointing", according to the FT.

Alliance Trust has appointed former Goldman Sachs Asset Management (GSAM) equities chief Susan Noble as a non-executive director of the company.

Former boss of Barclays Bob Diamond could be called to Congress to face questions from US politicians, the Guardian reports.