News

The yen has plunged against a basket of currencies after the Bank of Japan said the economy lies in a perilous state.

Sesame Bankhall Group is set to launch a 'mini' national IFA so students taking part in its Financial Adviser School can begin trading under a registered name.

Consumers are drastically understimating the commissions taken by comparison sites which totaled £650m last year, according to new research.

Annuity and equity release provider Just Retirement has more than doubled the maximum initial loan amount available from its equity release product.

The FSA has fined the former compliance officer at a Forex brokerage £3,000 and banned him from holding a oversight function for failing to keep client seperate from the firm's.

HBOS is understood to be at the centre of Lloyds's admission it is one of several banks being investigated by US authorities for Libor manipulation.

The government has given the green light to reforms which will mean insurers, not consumers, have the responsibility to provide all information regarding underwriting risk.

Chief executives of the UK's largest companies will receive official notification of their auto-enrolment responsibilities from The Pensions Regulator this week.

Alliance Trust has published its top 20 most popular funds purchased through platform i.nvest for SIPPs and ISA investments over the 2010/11 tax year.

Cofunds has appointed Mike Preston as head of platform consultancy for its intermediary service.