News

Mark Hoban, the financial secretary to the Treasury, has backed Capita's Arch cru payment scheme and told investors they should go after their independent fnancial advisers (IFA) for compensation.

MPs from six political parties have this morning battered Capita with a tirade of attacks over its management of Arch cru investors' money, only to have their calls for a public inquiry into the debacle dismissed by Treasury secretary Mark Hoban.

This week's Retirement Planner quick fire poll asks: Have you seen greater client interest in equity release in recent months?

The Department for Work and Pensions (DWP) has said removing tax disincentives for employers to implement health and wellbeing strategies may be the "best way forward".

Here's Retirement Planner's round-up of the latest pensions stories.

Advisers must tell clients buying advice lets them transfer some of the liability for transactions to their IFA, Stephen Gay, director general of the Association of IFAs (AIFA) said.

Entrepreneur Robert Gaines-Cooper today lost his appeal in the Supreme Court over whether he could rely on HMRC guidance to determine residency, in a dispute stretching back almost 20 years.

Openwork is hosting a series of protection, general insurance and mortgage road shows across the UK.

US ETPs gained $50bn of assets last week as equity markets staged a strong recovery, reports Deutsche Bank.

Wrap platforms Ascentric and Transact have criticised the FSA after it requested the wraps provide it with details of hundreds of their customers in order to gauge their views on platform rebates.