News

Retirement Planner's round up of the top pensions stories of the week.

Prime minister David Cameron will today be forced to answer calls for a government inquiry into the failure of Arch Cru and the fairness of the redress scheme set up to compensate investors.

European Wealth Management Group, the firm set up by ex-Ashcourt Rowan chief executive Rod Gentry, has bought Aventus Capital Management.

The Investment Management Association (IMA) has denied pension fund managers are excessively trading assets and hiding the cost this presents to consumers.

The Bank of England's Monetary Policy Committee voted unanimously in favour of keeping bank rate at a record low of 0.5% and maintaining QE at current levels, while warning inflation is not likely to fall as fast as expected.

In this week's Retirement Planner quick fire poll we asked: Where do you see the main areas of growth in the annuity market?

Advisers can now tap into Friends Provident International's (FPI) latest series of six online seminars designed to educate and support advisers on the subjects of inheritance tax and trusts.

Baring Asset Management is to launch a Dublin-based fund based on the investment themes of a fast-developing upper middle and high-class consumer segments, low personal and national debt, and extensive government spending.

The US supercommittee's failure to agree a debt reduction plan means the country faces a second rating downgrade by the year end, an economist has warned.

Europe's biggest banks have been warned they could face a debt buyers' strike by the Association of British Insurers, amid an increasingly bitter feud over controversial changes to their bonds.