News

This year's retirees will have the lowest pension incomes since 2008, according to research by insurer Prudential.

Reckless bank chiefs who damage the economy could face jail sentences under new measures under consideration by the government.

Novia has boosted its discretionary management capability by teaming up with passive manager Seven Investment Management (7IM).

Her Majesty's Revenue and Customs (HMRC) is trialling a new dispute resolution service for small businesses.

Axa PPP has removed all cost and time limits for licensed cancer drug treatment for patients on its standard individual and SME plans.

Insurance brokers and life companies will attempt to cross-sell to existing customers in order to compensate for "downbeat" market conditions in 2012, research suggests.

UK pension schemes and consultants have expressed serious concerns about European plans to implement Solvency II-style rules across the EU.

Lawrence Churchill, the current chairman of the National Employment Savings Trust (NEST), is to be the next chairman of the Financial Services Compensation Scheme (FSCS).

Fund launches reached a decade low last year as groups held back new products in the face of market volatility.

The global absolute return sector will need to re-assess its offerings, according to Kevin McConnell, Head of the team that manages the Dublin-domiciled Bloxham Midas Global Absolute Return Fund, which is shortly to launch a sterling share class.