News

A 73-year-old pensioner challenging the Bank of Ireland (BOI) over attempts to raid his savings could face a £500,000 bill if he pursues the case in the High Court.

The Legal Services Board (LSB) has begun a mystery shopping exercise to determine if the will writing industry - which remains unregulated - requires closer policing.

Iain Duncan Smith this evening said there would be no u-turn on controversial proposals to raise the women's state pension age (SPA) to 66 by 2020.

The Financial Ombudsman Service (FOS) has hit out at the FSA for not intervening to tackle the Payment Protection Insurance (PPI) problem sooner and criticised the industry for being addicted to regular mis-selling scandals.

Consumers are more concerned about protecting their family since the financial downturn, research suggests.

Unum is challenging six UK bloggers to live on Employment Support Allowance (ESA) for one week to highlight the importance of workers protecting their income.

Rowanmoor delayed a fund switch within a pension for almost a year, costing a group of clients more than £5,000, the Pensions Ombudsman (PO) has ruled.

Financial services businesses have been told they will have to notify authorities if they lose customer data or suffer any data security breaches.

An overwhelming majority of advisers think cash rebates on platforms should be allowed to continue, recent research suggests.

Benefit claimants will be fined instantly if they negligently give wrong information on their claim.