News

The FSA is being urged to "communicate in plainer English" after bagging the ‘Kick in the pants' trophy at an awards ceremony hosted by the Plain English Campaign (PEC).

The first two fixed income ETFs from the Pimco Source partnership have been launched on the Deutsche Boerse's Xetra platform.

UK GDP contracted by 0.5% in the last three months of 2010, shocking economists who had predicted growth of between 0.2% and 0.6% and sending sterling into freefall.

The FSA could force advisers to take further qualifications when they are advising on specific non-mainstream products the regulator fears could lead to poor customer outcomes.

The FSA wants the power to ban financial products, cap prices and add risk warnings to products, in a "radical rethink" of consumer protection rules.

F&C Asset Management saw its first quarter of net inflows towards the end of 2010, after four years of outflows.

Friends Provident's Trevor Matthews is to step down as CEO and hand over the reins to former Scottish Widows chief Andy Briggs.

Stuart Gulliver, HSBC's new chief executive, has dropped plans to relocate from London to Hong Kong, just days after an announcement that UK bank reforms would be watered down.

A key piece of research used by the FSA to justify new professionalism standards is based on a decade-old study of fund managers, IFAonline has learned.

Investors in with-profits bonds will be able to withdraw £5bn without triggering a penalty charge when funds reach their tenth anniversary this year, says Skandia.