News

Prime Minster David Cameron has warned China it must correct its trade imbalance amid concern the country is deliberately devaluing its currency to boost exports.

The government plans to allow people who hold pensions to access debt relief orders (DROs), which provide a cheaper alternative to bankruptcy.

James Hutson, the chief investment officer at Rowan Dartington, has left the business as parent company Astaire Group moves a step closer to selling the wealth manager.

Paradigm Pensions' new employee benefits platform, Jargon Free Benefits, has been launched on Steve Bee's Jargon Free Pensions website.

The Bank of England warns inflation is likely to stay above the 2% target throughout 2011, given the upcoming rise in VAT and continuing increases in import prices.

ETF Securities has launched 16 ETCs providing triple long and short exposure to currencies.

The government has "grossly underestimated" the costs to small and medium-sized enterprises (SMEs) of auto-enrolling employees into a workplace pension scheme, the Federation of Small Businesses (FSB) says.

Aviva holds the top spot for level annuity rates this month, despite dropping £20 over October to £5,970 per annum.

FSA plans to include group personal pensions (GPPs) in existing rules regarding pensions advice could create barriers to saving and additional costs to employers, industry figures say.

Novia has appointed former Cofunds national sales manager Paul Rose as regional sales manager for the North East.