News

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.

Regulators' concerns over ETFs causing systemic risks are not unique to the product and apply to other investments, the European Fund and Asset Management Association said.

Hundreds of financial advisers in New Zealand will have to stop giving advice on investment products from July as they have not attained the necessary qualifications.

Around three million people in the UK are pinning their hopes for a comfortable retirement on a later-life lottery win, according to the National Association of Pension Funds (NAPF).

A man previously investigated for his role in overseas boiler-room activities has been fined more than £1m by the FSA for deliberately inflating the share price of a Manchester-based brands business for financial gain.

Most workers will choose not to opt out of auto-enrolment when it comes into force from 2012, an Aviva report suggests.

Platforms should spend less time launching financial planning tools and "step up" their efforts in the areas of financial strength, technology and service support, according to Rayner Spencer Mills.