News

The director of a mortgage lender who branded some customers "evil" has been fined £70,000 and banned by the FSA for irresponsible lending and unfair treatment of customers in arrears.

Chancellor George Osborne has announced the 2011 Budget will be held on 23 March.

House prices rose by 1.8% in October after a steep drop during the previous month, according to the Halifax.

Morningstar and OBSR have harmonised ratings for 32 funds where there was a discrepancy between the two agencies.

PruProtect has unveiled a mobile quote facility and improved digital communications for advisers to use on its life and critical illness products.

The FTSE hit a seven-month high in early trading today following the Federal Reserve's decision to pump $600bn into the US economy

Scottish investors save more than the average UK investor according to recent findings which turn the tables on traditional regional savings patterns.

Skandia UK has posted a near 140% surge in sales during the first nine months of the year as RDR drives demand for its SIS platform.

House prices in the UK rose by 1.8% in October compared with the previous month - but this followed a big drop a month earlier, the Halifax said.

IFAs have highlighted the dangers to investors of placing part of their SIPP in off-plan overseas hotel developments, arguing the advice process is blighted by unfair commission charges, a lack of due diligence and transparency concerns.