Terry Smith, the City veteran and founder of low cost fund management group Fundsmith, has attacked platforms in the UK for adding to the overall cost of investing in funds.
Merchant Capital has warned some of its clients may suffer losses due to an ongoing Financial Services Authority (FSA) investigation into its custodian company Pritchard.
It is far more likely the UK will retain its prized triple-A status than be downgraded, according to the bookies which seem unperturbed by the recent ratings agency threat.
The European Commission (EC) has promised to review funding requirements for pension funds to fall into line with Solvency II (SII).
Average retirement ages rose by almost one year between 2004 and 2010 according to research published by the Office for National Statistics (ONS).
Bankhall has launched an entry-level service aimed at advisers looking for low-cost support.
The Financial Services Authority (FSA) has fined a former managing director at Merrill Lynch International for disclosing inside information about Punch Taverns prior to its 2009 rights issue.
Openwork is launching an online support system to help its advisers target and segment their client base.
Legal & General's with-profits fund returned 1.7% in 2011 in a year which saw total bonuses of £459m added to with-profits policies.
Three of the country's largest pension schemes are in talks to join a lawsuit against Lloyds TSB directors for allegedly misleading investors over the Halifax Bank of Scotland (HBOS) merger.