News

The cost of auto-enrolment into workplace pension schemes will wipe out almost all of the savings made by the government's regulation bonfire.

A strong hint from the European Central Bank it will cut interest rates next month has buoyed markets in early trading, following sharp gains in the US and Asia overnight.

Despite regulatory focus on ETFs this year, in the open hearing held by Esma yesterday, there was agreement that changes to Ucits should not single out ETFs.

Japan has said it will consider helping to save Greece as part of a wider bailout plan as it looks to avert a crisis in global growth.

Private equity firms and businesses deemed to be "asset strippers" will face higher taxes under a Labour government, Ed Miliband will warn today, under plans to judge firms on how they make money.

The average worker in a defined contribution (DC)pension scheme has lost £1,300 a year of future retirement income in the last six months, Alexander Forbes said.

The European Commission is pushing for tough rules that would force the world's biggest accountancy firms to abandon their consultancy businesses and share audit work with smaller rivals.

The Association of British Insurers' (ABI) annuity code of conduct is not radical enough, Tom McPhail, head of pensions research at Hargreaves Lansdown said.

Warren Buffett has increased his stake in Tesco plc by £120m, according to a person familiar with the matter.

A pension-friendly UK residential property investment is on offer to sophisticated private investors by Residential Property Trading (RPT).