News

GAD rates, used to calculate the maximum investors can drawdown from their pension each year, were unchanged for October at 3.50%.

The pound dropped this morning on the news UK retail sales fell by 0.5% in August, surprising economists who had expected a 0.3% rise.

F&C will retain the £617m Commercial Property trust (FCPT) mandate following a failed takeover bid by Ignis-managed UK Commercial Property trust.

Advisers are set to turn their backs on conventional annuities and recommend asset-backed alternatives as annuity rate crashes continue to plague retirees.

The head of newly-formed Axa Wealth says its Elevate platform will hit the profitability mark of £7bn AUM within three years and emerge victorious from the current "platform battle".

Older people are overwhelmingly failing to plan for later life and haven't woken up to the impending care crunch, according to new research

Four MPs from Norfolk have pledged to get justice for investors with money caught up in failed investment firm Keydata.

City banks are being warned by police of a "real and ever-present" threat from the Real IRA.

The Tax Incentivised Savings Association (TISA) is attempting to pull together industry stakeholders in a bid to dissolve the controversy surrounding distributor-influenced funds (DIFs).

Adviser networks had half of the complaints against them referred to Financial Ombudsman Service (FOS) upheld in the first six months of the year.