News

The Financial Services Authority (FSA) spent £3.4m more than expected on staff costs in 2010/11, as it took on extra contractors to carry out 'project activity'.

Gay people are taking out higher sums assured for life insurance, according to new research.

Cancer patients could lose up to £94 a week in benefits as the government cuts costs, Macmillan Cancer Support has warned.

Warren Buffett's annual charity lunch auction raised a record $2.63m, following a week of bidding after the winner offered extra cash to break the record.

The Department for Work and Pensions (DWP) may extend the rules of the Financial Assistance Scheme (FAS) to insure pension schemes exempt from the Pension Protection Fund (PPF).

Aegon has launched three new unit-linked guaranteed offshore bonds as part of a boost to its at-retirement proposition.

The Investment Management Association (IMA) has proposed a solution to help UK investors escape an "impossible" set of US tax rules due to come into force in 2013.

Cirencester friendly has added big T underwriting to its IFA application process.

The British Insurance Brokers' Association (Biba) has presented a petition of nearly 7000 member signatures to Parliament demanding the acceleration of the review into the funding of the Financial Services Compensation Scheme (FSCS).

The Financial Services Authority (FSA) has issued a warning to consumers over pension reciprocation plans (PRPs) and other pension unlocking schemes.