News

The Retail Distribution Review (RDR) will create "perverse" tax implications for consumers facing "significant uncertainties", the IMA warned today.

The chairman of the British Insurance Brokers' Association (BIBA) health insurance focus group has clarified the reason for his resignation from the post.

ALC Health is offering medical history disregarded (MHD) underwriting terms to groups of just 10 employees.

Goldman Sachs has reversed its bearish call on commodities, urging investors to buy as it expects oil will surge to $130 a barrel in the next 12 months.

Sterling has recovered from a seven-week low, moving higher against the dollar after it fell on Moody's threat to downgrade a raft of UK banks.

Ratings agency Moody's is threatening to cut the ratings of 14 British banks including RBS and Lloyds.

The Financial Stability Board (FSB) has launched its second probe into bonus culture and invited financial service providers to submit their views.

Equity Trust, the company which owns Singapore qualifying recognised overseas pension scheme (QROPS) Panthera, has vowed to fight a high court decision to ban its scheme.

Public borrowing surged to a record £10bn in April, according to the Office for National Statistics (ONS).

Fundsmith founder and manager Terry Smith has warned of the "pernicious danger" underlying ETFs, months after labelling the product an "investment fad" that investors misunderstand.