News

Legal & General and Prudential say customers won't lose out if they miss return deadlines as a result of the Royal Mail postal strikes.

Logica UK has pulled out of the running for the personal accounts administration contract, the Personal Accounts Delivery Authority confirms.

The FSA has proposed implementing a minimum £1,000 fee for all regulated firms, as part of reforms to its levy calculations.

The Employees Retirement System of the City of New Orleans (NOERS) has sued Warren Buffett's Berkshire Hathaway and Burlington Northern Santa Fe (BNSF) alleging Berkshire's planned acquisition of BNSF discriminated other investors.

Cofunds has appointed Stephen Wynne-Jones, formerly of SSP, as head of marketing operations.

The national advisory group, Foster Denovo has appointed Scott Soper as compliance director.

Few financial advisers have been able to establish profitable relationships with accountants, claims Mark Lee, chairman of accountants' group, the Tax Advice Network.

Five leading investment houses will give a series of conferences at venues across the UK from 26 January to the 4 February 2010.

Around 1.8 million people are set to request to work after traditional retirement ages over the course of the next decade, Prudential research shows.

Woolwich is introducing a new 75% tier on its fixed and tracker range for the first time in more than a year.