News

Taxpayer-owned banks are set to warn their mortgage customers that they must put their mortgage repayments first, rather than renewing their digital TV subscription or buying a new phone.

Legal & General (L&) is considering building a referral system with selected independent advisers who would take over the provider's direct customers when their needs become more complex.

Fidelity has converted Michael Clark's top performing Income Plus fund into its MoneyBuilder range, scrapping the initial charge on the product.

A Sky News investigation has uncovered evidence High Street banks deliberately mis-sold interest rate protection, leaving hundreds of firms struggling to meet repayments.

IFG Group, the parent company of SIPP provider James Hay and a number of IFA firms, is in exclusive talks with private equity firm Bregal Capital regarding a €231.2m takeover.

Fixed income pensioners could see their spending power cut by 60% cent over a 20 year retirement because of the impact of inflation.

David Stevenson, co-founder of Ignis Asset Management joint venture Cartesian Capital Partners, is set to leave the firm at the end of the year.

Business Secretary Vince Cable has said banking reforms will go ahead despite a row over the speed of the changes.

Fidelity FundsNetwork is disclosing its fund manager fees as it looks to create a more transparent market and prove its pricing policy is free from commercial bias.

The FSA is set to publish its first "health alert" shortly to warn about risky financial products, in a bid to halt the stream of mis-selling scandals.