News

Advisers must ensure clients are not caught out by little-known flexible drawdown rules this year, SIPP provider Talbot and Muir warns.

Standard & Poor's has cut its credit outlook for the US from stable to negative for the first time since 1941, causing the dollar and shares to tumble.

The group risk market has begun to recover from the effects of recession although income protection is still in decline, according to Swiss Re.

So how did N&P's advisers take the company from a safe-as-houses building society to the centre of one of the biggest mis-selling scandals of the decade?

Fidelity's Anthony Bolton has warned China's property sector faces major headwinds in the second half of 2011.

Poor inheritance tax planning is expected to cost British taxpayers £1.3bn this year, research suggests.

Steven Levin has been appointed CEO of Skandia International, replacing the departing Andre Oszmann.

The FSA has fined Norwich & Peterborough (N&P) £1.4m for giving unsuitable advice on Keydata products, and the building society will have to payout approximately £51m in redress to customers.

Moody's has downgraded Irish banks to junk status in an escalation of euro debt concerns.

Just Retirement's annuity sales for the three months to 31 March 2011 fell year on year, but the group was buoyed by strong equity release figures.