News

The Equitable Life (Payments) Bill passed its second and third readings in the House of Lords yesterday, but not without renewed calls for pre-1992 annuitants to be included in compensation payouts.

A pensioner who says he does not trust banks lost £80,000 in cash after leaving it in plastic bags on the roof of his car and driving away.

Schroders has unveiled its third yield enhancing Income Maximiser unit trust, which is based upon the group's Global Property Securities fund.

Investec Structured Products will begin offering collateralised investments from next year.

Next week's highly anticipated parliamentary debate on the RDR should focus on adviser charging, not populist issues like grandfathering, says Yellowtail Financial Planning MD Dennis Hall.

The FSA has charged five individuals for insider dealing, adding to the 11 currently being prosecuted by the regulator.

An Ipswich-based IFA this week staged a one-man protest against Chelsea Building Society for what he insists are 'misleading' claims about its investment products.

ETFs are becoming increasingly popular among private investors and are set to grow in this space, Credit Suisse says.

ETFs providing emerging and frontier market exposure have seen net inflows of $30.5bn up to August this year, according to BlackRock.

The ABI has scrapped proposals to change the name of Total and Permanent Disability (TPD) cover on critical illness (CI) plans.