News

Chancellor George Osborne has described as "sensible" the decision by RBS chief executive Stephen Hester to reject his bonus.

The coming year promises to be a tough one for the private healthcare sector, according to a new report from analyst Laing and Buisson.

Healix has voiced support for the use of open referrals within the private medical insurance (PMI) market but warned that insurers need to be more transparent about the process.

The Pensions Management Institute (PMI) has seen take-up of its Diploma in Employee Benefits and Retirement Savings (DERBS) grow to more than 200 people since its launch in September.

Proposals to reform the rules around qualifying recognised overseas pension schemes (QROPS) may prompt a spate of mis-selling of competing products, an expert has warned.

A draft report released by the FSA today has further detailed the relationship between the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA).

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.