News

The government is considering phasing in the 3.2 percentage point increase in public sector workers' pension contributions over three years, a slower pace than previously planned.

The reputations of the men and women managing investment funds is the most important factor when selecting vehicles for clients, research suggests.

FundsNetwork has extended its £45 account fee option to all clients on the platform.

Sesame Bankhall Group today backed MPs' call for a 12-month delay to the implementation of RDR, saying the move could mean an additional 500,000 clients continue to benefit from advice from its IFAs.

Bank shares began to regain lost ground in early trading today after Friday's stress test results sparked sharp falls among some of the UK's biggest banks.

MPs pensions will be subject to the same reforms as the wider public sector and a new scheme will be launched in 2015, the leader of the Commons said.

Replacing tax relief on pensions with a matched savings scheme and setting up a "no-lose lottery" could help plug Britain's savings gap, a think tank said.

Guardian Wealth Management has launched an online service giving its clients access to a life insurance plan offered by employee benefits specialist Global Benefits Europe (GBE).

Delaying the introduction of the retail distribution review (RDR) by one year, as proposed by MPs last week, could result in an extra 10% of advisers remaining in the industry, IFA network Openwork said.

The low charges set by the National Employment Savings Trust (NEST) will set a benchmark with which pension providers will have to compete, Legal & General (L&G) said.