News

With the Chancellor seemingly just as likely to speak to the press as to policymakers in the build-up to a Budget, we round some of this week's likely measures...

Lord Turner, Mark Hoban and Steve Webb have rebuffed complaints from a group of senior politicians about the adverse effects they claim the retail distribution review (RDR) will have on pension provision.

The Money Advice Service has failed to make clear its strategy and is in danger of failing to serve its target audience, according to a shadow minister.

Retail investors should avoid funds which carry a performance fee as they are more suitable for institutional investors, Fidelity's Gary Shaughnessy has argued.

Outsourcing business Capita is close to securing a deal to acquire Bluefin Advisory Services from French insurance giant Axa, according to reports.

SANTS DEPARTURE

Hector Sants is to quit the FSA in the summer, and will not become deputy governor of the Bank of England or CEO of the Prudential Regulation Authority.

Deputy chairman and group marketing director of Intrinsic Financial Services Kevin Ronaldson is leaving the business.

Industry veteran Ken Davy has demanded answers from the Financial Services Authority (FSA) on why it did not disclose the fact it had ordered changes to Arch Cru marketing materials before the collapse of the investment scheme.

The government will attempt to address inequalities in the state pension between civil partners and married couples as it considers marriage equality.