News

Retail banks could come into the QROPS market as legislation removes complexity, according to Rex Cowley, consultant for The Overseas Pension.

The Treasury today published the Financial Services Bill, which when passed will enshrine the new regulatory structure in law.

Advisers have given the Treasury's simple products initiative a tentative thumbs up while recognising that the financial services industry is overly complicated.

The Financial Services Authority (FSA) has fined a former compliance officer at Greenlight Capital and a trader at JP Morgan Cazenove for insider trading and market abuse.

Universal Provident has launched a new combined protection and health insurance product aimed at customers forced to reduce their cover limits.

UK stocks were muted mid-morning as investors took profits and fretted once more over the outlook for Europe and the Greek debt deal.

Morningstar's latest European asset flow update for 2011 highlights which fund managers and sectors - in spite of European doom and gloom - came out on top.

The appointment of Jack W. Lin as Head of Asia and Middle East for Pioneer Investments is a further step towards achieving its plans for continued growth in Asia.

Martin Greenwood, the interim CEO of Tenet Group, has hit out at the company's rivals for behind-the-scenes criticism of the network.

HMRC has extended by two days the deadline for taxpayers to file their online self-assessment tax returns, after industrial action threatened "chaos" at its call centres on deadline day.