News

Federal Reserve chairman Ben Bernanke said the central bank is unlikely to pump further stimulus into the US economy unless it sees an unexpected sharp deterioration.

Adjusted profits at UK lender Barclays surged by over a fifth in the first quarter of 2012, well above expectations.

EEA Fund Management has welcomed yesterday's "helpful" guidance from the FSA, on its intention to ban the sale of traded life policy investments (TPLIs) to retail clients.

Oil giant Royal Dutch Shell has reported a rise in profits owing partly to strong demand for energy which is keeping oil prices high.

Royal Bank of Scotland could see £20bn wiped off its value if planned banking reforms go ahead, its top boss has said.

Members of the Pensions Action Group (PAG) have renewed lobbying MPs' to improve their compensation package from the Financial Assistance Scheme (FAS).

Professional indemnity insurance (PII) underwriter Chubb is withdrawing from the market for financial advisers.

The Pensions Regulator (TPR) and Department for Work and Pensions (DWP) are launching a website to guide employers' communication to staff throughout the auto-enrolment process.

Research from Scottish Widows shows fewer people are buying protection even though they know savings are insufficient to cope in the event of lost income.

HSBC is to cut 2,000 jobs in the UK by the end of next year as part of its cost-cutting drive, according to reports.