News

The government is likely to review draft income drawdown rules forbidding the use of RPI-linked annuities for the minimum income requirement (MIR), specialist providers have said.

Who moved where in another busy week in financial services...

Firms offering non-advisory roles to IFAs who fail to meet RDR requirements are being warned by the FSA to make sure they do not stray into delivering advice.

Firms offering 'lay advocate' roles to unqualified individuals after 2012 have been warned by the FSA to make sure they do not stray into regulated advice territory. Here's what you had to say...

The London Stock Exchange (LSE) has seen a 65% rise in pre-tax profits to £238.2m.

The FTSE 100 has opened in positive territory after a commodities bounce-back lifted Wall Street yesterday.

The Supreme Court in Gibraltar has appointed Joint Liquidators to Cabor Trustees Limited.

Federal Reserve chairman Ben Bernanke has warned of a Lehman-style meltdown if the US Congress uses the national debt limit as a "bargaining chip".

The BNY Mellon Absolute Return fund has hit the UK$100m mark within the first three months since launch.

Exits at the FPC, more trouble for Glencore, an FSA probe at Eddie Stobart's, and a rush for inflation-beating savings bonds - our round-up of the nationals' top finance stories.