News

The Pensions Regulator should speak out against the "rubbish" 8% minimum auto-enrolment contribution, a consultant says.

The gap between fixed interest and equity fund sales narrowed in the final rush of the ISA season, says Skandia, in a sign investor confidence is growing.

A financial adviser has been handed a suspended 10-month prison sentence for mortgage fraud following an investigation which began as an illegal drugs probe.

Friends Provident is calling on the next government to help build a healthier savings culture in the UK.

Legal & General (L&G) Network has chosen Bupa as a strategic partner so L&G advisers can offer medical insurance to clients.

The FSA has fined Credit Suisse £2.5m - reduced to £1.75m due to early settlement - for failing to submit accurate transaction reports.

L&G Investments sales director Ben Waterhouse is joining Fidelity as head of UK wholesale sales.

Investment advisers are this week counting the cost of a controversial £80m FSCS interim levy to cover the collapses last year of Keydata Investment Services and two stockbrokers.

Greece's financial problems continue to deteriorate as its four biggest banks have been forced to ask for State aid and government bond yields rise to fresh highs.

The FTSE traded 56 points, or 1%, lower this morning at 5,705.49 after a downbeat assessment of the US recovery from former Federal Reserve chairman Alan Greenspan.