News

The asset management industry must create an industry standard to bring greater transparency to investment charges, Fidelity Worldwide Investment said today.

Critical illness (CI) and mortgage payment protection insurance (MPPI) are among the most complicated financial products for consumers to understand, the ABI has found.

The alleged rogue trader at the heart of a multi-billion pound fraud investigation has pleaded not guilty to two charges of false accounting and two of fraud.

The Department for Work and Pensions (DWP) is disbanding an overseas team of pensions officers in Bangladesh, Pakistan, India and Yemen.

Concerns have been raised about the role of auditors PricewaterhouseCoopers (PwC) after financial uncertainties arose at accountancy and advisory group RSM Tenon.

The regulatory body for the European Union has proposed stricter disclosure requirements on providers of exchange traded funds (ETFs), but has backed away from imposing more radical reforms on the sector.

The government has rejected calls to block bonuses for top earners at Royal Bank of Scotland (RBS).

Charles Stanley has appointed product aggregator All My Plans (AMP) to assist in the launch of a direct-to-consumer (D2C) platform later this year.

Bright Grey paid out 91% of critical illness (CI) claims in the last six months of 2011.

Mental health claims are growing and now make up a third of all those received on group income protection (GIP) policies, according to Legal & General.