The value of public sector pensions has been cut by a quarter and future reform will need ‘trade-offs between adequacy and affordability', according to the Pensions Policy Institute (PPI).
BlackRock's Daniel McKernan has joined Scottish Widows Investment Partnership (Swip) as head of European and UK credit within the fixed income team.
Fundsmith founder Terry Smith, who was once rated the City's top bank analyst, says there is "not a chance" he would invest in the highly problematic banking sector.
The date for the House of Commons debate on the RDR has been changed to Monday 29 November following a request from the Labour party.
Tensions over banking policy between the Chancellor and the Business Secretary sparked back into life yesterday after Cable issued a strongly worded statement in response to Osborne's hint the reforms could toned down.
Ascentric has announced a new charging structure as it looks to reach out to advisers placing lower value cases on the platform.
The FTSE 100 opened down 1% this morning following sharp falls across most global markets on fears the Irish debt crisis could spread to other European countries.
The number of Barclays Stockbrokers clients holding ETFs in their accounts has more than doubled over the past two years, according to latest figures.
Private clients in care homes are charged more than those paying under local authority arrangements, a situation set to worsen, Partnership has found.
UK consumers are putting too much emphasis on price when insuring their lives, according to new research.