The Financial Services Compensation Scheme (FSCS) has failed to increase public awareness of saver protection despite spending £4m on an advertising campaign, its chief executive said at the weekend.
More than 150 UK domiciled funds - equivalent to 12% of the total universe of funds today - have raised annual management fees over the past decade, a new Lipper study has revealed.
Almost half of UK residents (45%) are unclear whether they chose the default option when they last reviewed their occupational pension according to research by Baring Asset Management.
ETF providers in Europe and the US have responded to BlackRock's call for greater transparency and consistent regulation in the ETF market but opinions are divided.
Ellipse has improved the way it calculates free cover limits on its group life schemes.
A senior City of London Police detective has been appointed to lead the specialist insurance fraud police unit.
An IFA whose application to the Financial Services Authority (FSA) for re-authorisation was delayed then rejected has had his complaint turned down.
Fidelity International - now Fidelity Worldwide Investment - has called on the FSA to "look at the Australian approach" after its Treasury announced platforms could continue to receive fund manager rebates.
The Money Advice Service has identified six segments of the UK population and given each a song to summarise their attitude to money...