News

Online trading company London Capital Group (LCG) faces compensation claims of up to £5.5m if over a hundred investor complaints to the FOS succeed, according to a solicitor working on the case.

Alan Lakey, founder of IFA lobby group Adviser Alliance, has hit back at comments made by new AIFA director general Stephen Gay on "shouting" anti-RDR pressure groups.

Friends Provident International has launched an online seminar looking at Inheritance Tax (IHT).

Former TSC chairman Lord McFall will direct an independent inquiry into the failings of the current private pension system, as new figures show there has been the equivalent of one piece of fresh pension legislation every week since 1995.

Resolution has completed its acquisition of Bupa Health Assurance (BHA), comprising its Group Risk and Individual Protection businesses.

A leading economic think-tank today urged George Osborne to delay the dramatic public sector cuts which underpin his economic policies, and to u-turn on them completely if the economy falters again.

BP reported an annual loss of $4.9bn (£3.1bn) in 2010, the first time the oil giant failed to post full-year profits in almost 20 years.

A conman who posed as an Oxford and Harvard graduate to win a job as the deputy CEO of Ahli United Bank has been given a 50-week prison sentence.

The Bank of England topped up Governor Mervyn King's pension pot by £1.4m after deciding to award him an early payout in 2008.

Lloyds Banking Group has been forced to reveal that up to nine of its employees earned more than the £3.4m paid to chief executive Eric Daniels.