News

Friends Life has completed its full launch with the unveiling of its individual protection proposition for IFAs.

The Treasury Select Committee (TSC) has issued a stark warning to the Bank of England and Financial Services Authority that they would be held accountable should mistakes made now "aggravate" a second financial crisis.

An estimated six million taxpayers are in line for a windfall refund as Revenue & Customs tries to unravel the latest in a series of administrative problems.

Medium-sized businesses are the UK's "forgotten army", overlooked by government but with the potential to inject between £20bn and £50bn into the economy by 2020, according to the CBI.

Insurance entrepreneur and millionaire Ivan Massow has given away tens of thousands of pounds to worthy causes as part of Channel 4's The Secret Millionaire programme.

The US is set to see another ratings agency strip it of its AAA-credit rating by the end of the year, Bank of America Merrill Lynch has predicted.

The new chair of the National Association of Pension Funds (NAPF) has called for a new breed of pensions called super trusts.

More than 8,000 members of a works pension fear for their future after discovering their scheme, which has a £274m deficit, is to seek a bailout from the Pension Protection Fund.

Sir Richard Branson is on the brink of buying the taxpayer-owned Newcastle bank Northern Rock in a £1bn deal as American rivals start to fall away.

The European ETP market has shown resilience in the face of volatility, growing 10% this year to the end of September.