News

The Treasury is preparing to water down a key recommendation in the Vickers report that would protect savers in the event of a bank going bust, according to reports.

Fears of a financial crisis hitting the UK are at their highest level since the collapse of Lehman Brothers, Bank of England research has revealed.

Long-term care funding has a lot to learn from "how the pensions debate has moved on", says Association of British Insurers director of general insurance and health, Nick Starling.

Unum has completed the roll-out of its fully electronic income protection (IP) application and underwriting process that means the vast majority of cases will be processed on the spot.

3.10pm: US markets have shrugged off poor third-quarter GDP results with trading muted early in the session.

Mistakes are commonly made when using life expectancy figures, as real lifespans are likely to be higher than quoted examples of life expectancy, the Institute and Faculty of Actuaries has pointed out.

The Financial Ombudsman Service has revealed the details of a provisional judgement against an IFA who invested clients in Arch Cru.

US GDP was revised down from 2.5% to 2% in the third quarter, the Commerce Department said today.

A J Bell has added 1,000 funds to its core fund range available on the Sippcentre platform.

Prudential has released a desktop app in a bid to boost annuity business with IFAs.