News

US markets have reversed earlier gains after manufacturing data raised further doubts about the strength of the economic recovery.

The FSA today published its Policy Statements on platforms, with the delay in setting rules on cash rebates the surprise outcome...

Self-funding long-term care residents could still face a bill of almost £200,000 for four years in a residential home under the proposed Dilnot Commission reforms, according to Partnership.

Today's long-awaited FSA platforms paper addressed - if not resolved - all the key issues affecting product providers, platforms and distributors.

Care home providers are failing to inform local councils when residents die and continue to receive money for their care, new research reveals.

The Financial Services Authority (FSA) has deferred the introduction of rules requiring personal investment firms (PIFs) to hold more capital for two years to allow firms extra time to prepare.

The FSA said today it will stick to its guns and ban cash rebates, despite widespread industry opposition.

The FSA today said it wants to proceed with its plan, originally mooted in March 2010, to ban payments from fund managers to platforms.

The FSA said it will not write any additional rules for re-registration in light of the TISA project but said it could widen the scope of the re-reg requirement in the future.

Universal Provident has become the first private medical insurance (PMI) provider to release details of its paid claims.