Former The Apprentice contestant and mortgage broker Christopher Farrell today received a nine-month suspended prison sentence for doctoring applications to hit sales targets.
Just 4% of the population has made firm plans to fund their future long-term care (LTC) needs while two thirds (63%) have not even considered the matter, according to ABI research.
Lowes Financial Management has launched a free-to-use consumer-facing website, CompareStructuredProducts.com.
Zurich UK Life is proposing to close five of its branches, with the loss of 120 staff, as part of a sales resructure provoked by the RDR and advisers' flight to platforms.
The FSCS, FOS and the regulatory environment in general are essential, but something is going "badly wrong" with the system, says Informed Choice executive director Nick Bamford.
HMRC is creating new figures to calculate drawdown limits which could reduce pensioner incomes, experts warn.
The Pensions Trust (TPT), a multi-employer occupational pension fund for third sector employers, has launched a tool to help organisations phase in auto-enrolment.
Morgan Stanley has launched the FTSE Gilt-Backed Growth Plan 7, a collateralised structured product designed to mitigate credit risk and protect capital.
Brooks Macdonald must pay over half a million pounds to the FSCS for its share of the cost to the industry of investment failures.
Cofunds has told a direct to consumer partner service to remove "aggressive" marketing literature which attempted to lure clients away from the platform with the promise of full commission rebates.