News

Pensions minister Steve Webb has revealed the government will consult this year on how to create a "third option" for pensions beyond defined benefit (DB) and defined contribution (DC) structures.

A private equity firm has taken joint control of FNZ, the platform provider powering the Standard Life and Elevate wraps.

Specialist global fixed income asset managers, Rogge Global Partners (Rogge), has teamed up with Alfi Partners, a third party marketer.

Income investors enjoyed a bumper year in 2011 as dividends from UK-listed companies hit an all-time high, surging 12.8% to £67.8bn.

MPs on the Health Select Committee (HSC) have urged the government to stimulate the long term care (LTC) insurance market.

The Liechtenstein Disclosure Facility (LDF) has been extended by one year to 5 April 2016 after some 2,000 people with money invested in the tax haven came forward.

Bankers' pay and bonuses should be set by the bank's shareholders, not controlled by legislation, Angela Knight, the chief executive of the British Bankers Association (BBA) has said.

The imminent introduction of auto-enrolment looks set to trigger increased investment in employee benefits, according to research from Group Risk Development (Grid).

IFAs have welcomed Scottish Widows' plan to re-enter the IFA annuity market as a move they said will boost competition in the sector.

The FSA has warned advisers about "conflicts of interest" arising from holding shares in platforms.