News

Prime minister David Cameron has promised shareholders a binding vote on executive pay to try curbing excessive salaries.

British investors in failed broker MF Global are to question the efforts of administrators KPMG in London on Monday over the slow progress of recovering funds.

The National Audit Office (NAO) is conducting a study of how the Pensions Regulator (TPR) protects defined contribution (DC) pension scheme members.

The coalition government is to abandon plans to scrap the 50p top rate of tax despite rising pressure from business leaders.

According to Laing & Buisson efforts to divert demand away from care homes appear to be running out of steam as the proportion of private payers rises.

The ten worst offending payment protection insurance (PPI) mis-selling firms could face costs of over £55m to enable regulators to deal with the problem.

Standard Life (SL) will review the wording of letters sent directly to investors after advisers complained they were incentivizing clients to drop IFAs.

Who moved where in another busy week in financial services...

The Complaints Commissioner has rebuked the FSA for publishing "misleading" and "ambiguous" information about cheque clearing times on its website.

The Association of Independent Financial Advisers (AIFA) has hailed the increase in the ombudsman's free case fee threshold as a positive move for IFA firms.