News

The pound is on the brink of a collapse which will herald a downturn worse than 2008/9, warns George Soros' former business partner.

Lloyds reported sales through its intermediary channel fell 35% in 2009 contributing to a 26% drop for UK life, pensions and investments sales to £12.97bn.

The FTSE opened sharply higher today at 5329.29, up 51.07 (0.97%), following a slight recovery on Wall Street after disastrous early trading yesterday.

Fidelity International is calling on political parties to address inadequacies in the savings industry with a manifesto promoting more incentives for savers, including an annual ISA bonus.

Bank of England Governor Mervyn King says failure to act now on banking reforms could lead to a bigger financial crisis.

US and European markets tumbled this afternoon amid fresh concerns over the state of the US economy.

IFA network Financial Ltd is hosting a technical roadshow designed to help advisers prepare for the RDR.

Karren Brady, star of BBC's The Apprentice, has been confirmed as a keynote speaker at the Institute of Financial Planning (IFP) conference 2010.

Positive Solutions is to discuss client invoicing with its partner firms as it anticipates a rise in pure fee business post 2012.

Insurance intermediaries have come under fire from the FSA for having inadequate financial resources.