News

US Federal Reserve chairman Ben Bernanke has told Congress the US economy is "close to faltering" and more action may be needed.

Italy's credit rating has been slashed by ratings agency Moody's, piling more pressure on the beleaguered eurozone.

The Institute of Financial Planning (IFP) has named the first 25 businesses to be included in its register of Accredited Financial Planning Firms.

A specialist insurance provider has been disciplined by the Advertising Standards Authority (ASA) for an advert branded "provocative" and "degrading".

Lifesearch has developed an outsourced protection service for advisers which it will bring to market if there is support for the offering, CEO Tom Baigrie has revealed.

A breakdown of total expense ratios (TER) reveals that UCITS fund managers retain on average 42% of fees and charges, while most of the remaining 58% is paid to distributors and on administration charges.

Cayman-based Melchior European Fund from Dalton Strategic Partnership (DSP) has closed to new and exiting investors following a period of strong inflows.

UK pensioners are paying £34bn in tax according to research from MetLife.

Hargreaves Lansdown has appointed British Retail Consortium (BRC) director general Stephen Robertson as non executive director.

SIPP providers have increased their level of screening for poor or unsuitable investments within their schemes.