News

Global insurance company share prices tumbled last night as concerns mounted about the cost of rebuilding Japan following Friday's earthquake and the resulting tsunami.

All platform rebates should be banned under a new remuneration structure subject to a separate timescale than RDR in order to improve consumer outcomes, according to the Financial Services Consumer Panel (FSCP).

Britain will keep its triple-A credit rating after one of the world's leading ratings agencies said the coalition's austerity measures had done enough to stabilise the public finances.

Openwork shareholders, two thirds of whom are the network's financial advisers, have voted in favour of a major financial restructuring deal with Zurich which sees them pick up 30% preferential shares in the company.

About 70% of brokers say the average amount of commission they earn per product has fallen in the past year, research suggests.

Life offices could split to create separate providers for men and women following the ECJ ruling banning the use of gender-pricing, an actuary says.

UK regulators and government departments are being urged to clarify what impact the ECJ's ruling on gender pricing will have on financial products.

The creator of an online donation tool to help people suffering the effects of the Japanese earthquake is urging the financial services industry to help the cause.

NHS care quality is set to worsen and people should take more responsibility for their own health, according to new research.

The number of advisers planning to move to a platform-based business in the run up to RDR has increased "significantly", suggests recent research.