News

The RDR could drive up to 3,000 advisers out of the industry over the next five years, according to the latest estimates.

The FTSE 100 was up 50 points, or 1%, to 5,159.25 this afternoon as data showed new claims for unemployment benefits in the US fell more than expected.

An accountant has been convicted of defrauding cash plan provider Westfield Health.

Towergate Financial has announced Investment Services Scotland as the first IFA firm to sign up to its new Transition Toolkit.

Consumers and not pension providers are to blame for the lack of take-up of the Open Market Option (OMO), claims The Annuity Bureau.

On the eve of the closure of the government's review of pension tax relief, experts are calling for the simplification of current proposals.

Ascentric clients now have access to Tax Elected Funds (TEFs) following the launch of Querns Income First fund on the wrap - the first TEF to be marketed in the UK.

Progress has revealed it paid 89.5% of critical illness (CI) claims in the first seven months of the year.

Hornbuckle Mitchell has created a new adviser support programme offering IFAs in the SIPP and SSAS market guidance on new products, rules and regulations.

Around 20% of SIPP holders use the product as a supplement to their main pension, a Barclays Stockbrokers study has found.