News

Half of consumers who have bought a regulated financial product from a bank or building society are unaware of the level or existence of charges for it, research suggests.

House prices will rise, workers are taxed more than they think, and the recovery is under threat from psychological scarring left by the financial crisis. Our round-up of the news from the nationals.

Norwich & Peterborough (N&P) building society has widened its investigation into advice by branch staff to include recommendations to invest in funds from JP Morgan, Standard Life and Legal & General.

A £650m government loan to set up the National Employment Savings Trust (NEST) will be "unrecoverable" as the agreement allows the terms of the loan to be renegotiated, a lawyer said.

The FTSE has suffered sharp falls in afternoon trading with banking stocks leading the plunge into the red amid renewed euro debt concerns.

Living on state benefits would require significant lifestyle changes for those found too sick to work compared to being employed, a team of bloggers has found.

In volatile week for global equities, fresh year-to-date lows were reached across global indexes last week but ETP volumes picked up significantly.

The NHS Future Forum is to conduct a second stage of its listening exercise following a request by the government to assess its revised proposals.

Morgan Stanley has warned the global economy is on the brink of recession as the US investment bank slashed its growth forecasts.

Novia has expanded its discretionary footprint with the addition of four DFMs to the wrap.