News

The Pensions Policy Institute (PPI) has warned the government's plan to abolish the need to annuitise by age 75 brings risks as well as flexibility for pensioners.

Fee-based adviser Paradigm Norton is launching an hourly-charged financial planning service for people who are in the process of building wealth but have yet to accumulate any real assets.

Ros Altmann, director-general of Saga, has slammed Bank of England deputy governor Charlie Bean after he encouraged people to spend their savings to boost the economy.

Close Asset Management has confirmed it has purchased Bristol-based Chartwell Group as the firm reported a "subdued" performance for the year.

European markets have fallen sharply this morning with the FTSE 100 down 1.1% or 61.8 points at 5,511.63.

It was confirmed today that UK GDP rose by 1.2% in Q2 as previously estimated, representing the biggest increase since Q1 2001.

Buy-to-let specialist Paragon Mortgages has returned to new lending, with the aim of getting back to its ‘market-leading position' in the sector.

Jim Rogers, who launched the pioneering Quantum fund with George Soros in 1970, warns stock markets could collapse if the global recovery fails to reignite.

Between 2000 and 2009 Britons collectively saved £384bn into pension funds and life insurance products, according to research from Lloyds TSB and the ONS.

Long-term gold investors John Chatfeild-Roberts and Ian Henderson have positioned their funds to benefit from further highs in the price of the precious metal.