News

New EU rules on the solvency of workplace pensions could force some Defined Benefit (DB) schemes to close, the National Association of Pension Funds (NAPF) warns.

Just Retirement's new business in the three months from April-June 2010 is up 14.9% on the same period last year at £245.5m.

The FTSE 100 dropped 0.49% or 28.19 points to 5,768.68 in early morning trading, as fears of lower demand from China dragged down mining stocks.

Terry Smith's new Fundsmith asset manager has appointed former SLI investment director Conrad Rey as its sales director to intermediaries.

Hargreaves Lansdown co-founder Stephen Lansdown, who last month pocketed £58m after selling a 3% stake in the firm, says he would be a saver if it wasn't for his commitments as owner of Bristol City football club.

Almost a half of IFAs would consider becoming restricted post-RDR under existing FSA definitions, according to new research.

French insurance giant Axa and Australian asset manager AMP have made an A$13.3bn bid for Axa Asia Pacific.

It's Friday..., so sit back, relax, and catch up with some of the more positive news this week.

Tata Consultancy Services will administer the NEST national savings scheme until at least 2020, it was confirmed today.

ETF assets held by individual investors and independent adviser clients at Charles Schwab are now in excess of $100bn.