News

Primary care trusts (PCTs) will suffer a real terms funding cut as the government revealed it is not increasing direct spending to match inflation.

National IFA Towergate Financial has promoted business development director Dan Saulter to the new role of chief operating officer.

Investment products such as ETFs are likely to become increasingly bespoke and complex in the coming year, according to Barclays Stockbrokers.

Jon Cruddas, Labour MP for Rainham and Dagenham, has called on pensions minister Steve Webb to encourage transparency from pension fund managers.

Richard Timberlake and Paul Kim are set to join LVAM to run its multi-manager range.

The FSA today fined two accountants a total of £145,000 after an investigation into a boiler room share scam.

Mike Morrison, AXA Wealth's head of pensions, has warned allowing early access to pension funds could do more damage than good to savings.

Baroness Sarah Hogg, senior adviser to the FSA, will join the board of the Treasury today along with as many as 40 new directors.

Any dilution of the RDR proposals will increase costs on consumers through continued mis-selling, the FSA warns today in a letter to the Treasury Select Committee (TSC).

Towergate Financial has acquired Wetherby-based A1 Financial Services.