News

Net retail sales of tracker funds hit a record high of £1.9bn last year, up some £200m on 2010, according to the Investment Management Association (IMA).

LV= has launched a personal pension with a 0.25% annual service charge, with additional investment management charges.

The FSA has varied the permissions of national stockbroker Pritchard for failing to adequately protect client money.

Solvency II will force all remaining defined benefit (DB) pension schemes to close and could lead to significant job losses as UK companies fold, lobby groups have warned.

The Income Protection Task Force (IPTF) is holding a heads of state meeting for CEOs of the major income protection providers.

Ageas has questioned whether the impending move to gender neutral pricing will result in women falling further behind men in their willingness to protect themselves.

Partnership has upped their loan to value rates to enable clients with health issues to release more equity from their homes.

Allianz Global Investors has announced plans to make its Income and Growth fund available to UK investors through the launch of a sterling hedged share class before the end of Q1.

Deputy prime minister Nick Clegg and Treasury secretary Danny Alexander will meet with David Cameron and George Osborne today to demand more tax on high earners' pensions.

The Financial Services Compensation Scheme (FSCS) is set to deal with thousands of compensation claims related to the collapse of broker MF Global, with more expected.