News

Banks and providers will create services to help customers shop around for annuities if reforms to the open market option (OMO) succeed, Steve Lowe, director of external affairs at Just Retirement says.

Ten of this week's best-read stories...

The National Association of Pension Funds (NAPF) will publish a list of pension legislation it thinks should be scrapped in the new year.

ETFM provides a roundup of some of this week's ETF and indexing news.

Bank of England governor Mervyn King has been asked by the Treasury Select Committee to explain his decision to inject a further £75m into the UK economy through quantitative easing (QE).

The Protection Review's independent training has been warmly received by advisers who attended the first two sessions and it is now hoping to arrange further dates next year.

European regulators may be given new powers to suspend credit ratings of countries seeking or undergoing bailouts to prevent the "negative spillover effects to other countries", according to proposals for tougher regulation issued by the European Commission....

The MP who this week had his calls for a government inquiry into the controversial £54m Arch cru investors' payment scheme dismissed by the Treasury, has said the fight for answers will continue in the corridors of Westminster.

The Financial Services Authority has asked the High Court to make an "urgent" decision on whether a group of IFAs can judicially review the £54m Arch Cru investors payment scheme.

A decision - scheduled for Sunday - on whether to boost the eurozone's €440bn rescue fund has been delayed due to fresh disagreement between France and Germany about how to address the debt crisis.