News

In this week's quick fire poll we ask: Lord Lipsey voiced concerns in the House of Lords last week that the Dilnot proposals "were in danger of going down the pan." Do you believe we need to refocus on the issue of long term care funding?

Retirement Planner's round-up of the top pension stories this week.

The Financial Services Authority (FSA) has fined and banned a network director for failing to ensure advisers under his management were qualified and competent.

Lowes Financial Management has appointed ex-Investec senior equity derivates structurer Sham Yapa as business development manager.

Gilliat Financial Solutions, the structured products distribution specialist within the Arbuthnot Banking Group, has announced the arrival of a new director and the imminent launch of its offshore business.

Kames Capital, the new name for AEGON Asset Management, has announced the opening of an office in Hong Kong and the appointment of James Cooper as its head of business development for Asia.

Standard & Poor's has downgraded a raft of US and UK banks including HSBC, Barclays, and Goldman Sachs following an overhaul of its ratings criteria.

As George Osborne reveals the Office for Budget Responsibility has revised down growth forecasts in the UK and government borrowing is moved higher, fund managers and economists give their view on 2011's Autumn Statement.

The IMA will create a Global Equity Income sector with effect from 1 January 2012 and is looking at a European Equity Income sector.

Tens of thousands of savers are receiving 0.4% return after tax or less following a rise in accounts paying derisory rates.