News

Shadow Chancellor Ed Balls has called for the government to cut pensions tax relief to 26% for people earning more than £150,000 per year.

The Financial Services Authority (FSA) spotted flaws with the Arch Cru marketing literature and ordered changes before the funds' suspension, Treasury financial secretary Mark Hoban has claimed.

Lighthouse Advisory Services will increase the number of advisers working in its affinity division by approximately 100 over the next year, from 220 currently, according to joint CEO Malcolm Streatfield.

SimplyBiz's New Model Business Academy (NMBA) has received more than 100 applications for its alternative assessment qualification since its launch in December.

The government has published its final offer on public sector pension reform.

Primetime Retirement has unveiled details of the rates for the first issue of the Primetime Retirement Plan which opens for investment today.

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

Allan Rosengren, the former joint chief executive of Lighthouse Group, has joined Signature, the discretionary investment management division of Rowan Dartington.

The Royal Bank of Scotland (RBS) and 17 former directors, including former CEO Fred Goodwin, have been hit with a £2.4bn legal claim from a group of investors.

Her Majesty's Revenue and Customs (HMRC) must clarify the rules around how the annual allowance charge can be paid from pension funds, an expert has said.