News

The Treasury has implemented measures designed to support Islamic finance in the UK.

Lloyds Banking Group has announced 585 further job losses, as it moves to close its 58 Black Horse personal loan centres.

The FSA has written to the chief executives of major insurance brokers and investment firms repeating its concerns over what it calls the ‘unacceptable' handling of clients' money and assets.

Standard Life is set to launch a programme on its wrap to help IFA firms prepare for the RDR.

The FSA remains undecided over how to apply its adviser charging rules to platforms less than three months before a planned Policy Statement and amid growing calls for the total unbundling of costs.

The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warn.

St James's Place (SJP) has thwarted analysts' expectations at the end of 2009, with a 38% rise in new business.

Mortgage lending grew 14% in December with the "surprisingly strong" data driven by a surge in house purchase completions, according to CML figures.

China's economy grew by a greater-than-expected 8.7% in 2009 - putting the country on course to overtake Japan as the world's second biggest economy.

The outlook for with-profits funds is unlikely to improve in 2010, despite expectations of strong stock market performance, warns IFA Fraser Heath.