News

More than a quarter of providers believe they have no duty to tell customers about their retirement options, because the sole responsibility rests with advisers, research suggests.

The US Federal Reserve expects to hold its main interest rate at a near zero level for an "extended period".

Mortgages should only be advanced to first-time buyers after they have undergone some training and passed an exam, according to the chairman of a debt charity.

The FSA is meeting senior officials from Goldman Sachs today over the bank's involvement in structuring complex debt intruments during the financial crisis.

Home of Choice has gone into administration after acquisition talks failed at the last minute.

Stunned advisers have warned of the "serious implications" of an FSA rule stating trail commission be passed to the client when they switch adviser from 2013.

UK life and pension sales at Standard Life soared by almost a quarter in Q1 2010, beating expectations as UK customers shrugged off economic woes.

JO Hambro Investment Management's Charles Bathurst has stepped down as head of funds distribution.

Santander UK profits grew more than 15% in the first three months of the year to £426m, with revenue up 8%.

This year's ISA season was the strongest since 2002 with Q1 the best ever for net retail sales, according to IMA figures.