News

The FSA has secured winding-up orders from the High Court against two unauthorised UK firms operating a collective investment scheme.

The UK's largest banks will bear the burden of the government's new bank levy which aims to raise over £8bn.

The Bank of England has held interest rates at 0.5% and left unchanged its quantitative easing programme at £200bn.

IFAonline grants readers one wish for 2011...what is yours?

Benefit claimants who refuse to take up the offer of a training course could have their payments stopped, according to government plans.

The government has today published details of the changes it intends to introduce to remove the effective requirement to annuities by age 75 from 6 April 2011.

The government has announced it will introduce legislation in the Finance Bill 2011 to reduce the annual allowance from £255,000 to £50,000 and the lifetime allowance from £1.8m to £1.5m.

Access to new flexible drawdown pensions will be restricted to people with a lifetime pension income of a minimum of £20,000 a year, the Treasury says.

The government has today published details of the changes it intends to introduce to remove the effective requirement to annuities by age 75 from 6 April 2011.

L&G is giving advisers the chance to quiz a panel of experts on the impact of regulatory changes to the platform market in a live debate at 2pm today.