News

Shares in Facebook tumbled to a new low overnight as one of the worst ever IPOs continued unabated.

Investment manager and financial planner Brewin Dolphin has hired Andrew Westenberger as group finance director, replacing Robin Bayford who is retiring.

A group of financial professionals are walking to the North Pole in an effort to raise £1m for injured Forces personnel.

The Bank of England (BoE) is likely to be urged today to take on a full range of powers under its new regulatory remit, including a controversial right to restrict mortgage lending during a housing boom.

The Serious Fraud Office (SFO) is being asked to explain why it dropped a fraud investigation against a hedge fund manager who was later fined £3m by the Financial Services Authority (FSA) for deceiving clients.

In this week's quick fire poll we ask: Does SHIP's rebrand into the Equity Release Council fill you with greater confidence in equity release?

Retirement Planner's round-up of the top pension stories this week.

Prudential's Colin Simmons has said advisers should not rule out recommending income drawdown to clients despite the GAD rate's historic low.

The Association of Independent Financial Advisers (AIFA) is urging members to challenge the Financial Services Authority (FSA) over proposals to force advisers to compensate clients invested in Arch Cru.

Dunham Financial Services managing director Rebecca Taylor has been elected as vice-president of the Institute of Financial Planning (IFP).