News

Financial advisers are being urged to join a newly-formed Arch Cru pressure group to fight against the Financial Services Authority's (FSA's) controversial redress proposals.

Shadow pensions minister Gregg McClymont has reiterated his call to remove the restrictions on the National Employment Savings Trust (NEST) so it can compete more effectively with its rivals.

IFA directory Unbiased has announced Standard Life will be supporting the site's ‘Value of Advice' campaign.

Sterling has fallen against the dollar today after a dovish quarterly inflation report from the Bank of England cut growth forecasts and left the door open to further QE.

The Financial Services Authority (FSA) has proposed a ban for Anthony Verrier, a senior executive at BGC Partners, after deciding he is not a fit and proper person due to concerns over his honesty, integrity and reputation.

The Financial Services Authority (FSA) has criticised insurance firms for inadequate planning in the run up to Solvency II in a letter distributed to firms yesterday.

A week after Standard Life said it would not add an adviser charging facility to some legacy products, one adviser argues that not doing so could lead to an increase in transfers following the Retail Distribution Review (RDR).

The UK's unemployment rate showed a surprise fall from 8.3% to 8.2% in the first quarter, according to the latest figures from the Office for National Statistics.

JLT Wealth Management has confirmed it is suspending defined benefit (DB) transfer exercises after the Financial Services Authority (FSA) issued guidance on how transfer values are to be calculated.

Markets across Europe suffered more losses this afternoon after Greece reportedly confirmed it has failed to form a coalition government.