News

Quantitative easing (QE) has been an "unmitigated disaster" for anyone about to retire or people who have just bought an annuity, a pensions expert has said.

Auto-enrolment (AE) requirements should be slashed in order to help businesses grow, a controversial report commissioned by the department for Business, Innovation and Skills has recommended.

Chancellor George Osborne has said the UK government is making contingency plans for a Greek exit from the euro as the crisis in the region reaches a "critical" point.

Platform Cofunds has written to advisers with details of its client segmentation model post-Retail Distribution Review (RDR).

Advisers should push ahead with platform strategy reviews amid concerns the delayed platform paper could see them "take their foot off the pedal", Alliance Trust Savings has warned.

The Financial Services Authority (FSA) has banned a self-appointed insurance broking director from performing regulated functions after he "misled" the regulator and acted dishonestly.

The Financial Services Consumer Panel (FSCP) has urged the Money Advice Service (MAS) to expand its offerings and ‘push regulatory boundaries' in order to help to close the advice gap.

The International Monetary Fund (IMF), headed by Christine Lagarde, has urged the UK to consider introducing more quantitative easing and cut interest rates.

The increased workload from the mis-selling of Payment Protection Insurance (PPI) has left the Financial Ombudsman Service (FOS) with "a significant challenge", the body has admitted.

Inflation in the UK dropped in April, beatings the consensus forecast.