News

The popularity of occupational pension schemes increased last year, despite the recession.

Advisers who fear they will "fall off a cliff" when their reliance on commissions ends post 2012 are missing the bigger picture, Bankall IFA Services managing director, David Golder, said today.

Aviva has challenged the FSA's proposed ban on provider factoring in its response to the latest RDR consultation. The insurer argues any move to ban factoring for regular premium business will damage the UK savings market.

Openwork's new CEO Martin Davis says the FSA's proposed ‘restricted advice' tag is causing a degree of concern amongst its 2,600 multi-tied advisers.

Equity fund sales overtook bonds for the first time since 2007 last quarter as the IMA announced 2009 has been a record year for net retail sales.

Jupiter and Schroders are surprise entrants at the top of Bestinvest's ‘dog assets under management list', which tracks the largest funds performing well below their recognised benchmark.

Ivan Martin, executive chairman of the newly-merged Sesame Bankhall distribution giant, has picked up the industry personality of the year gong at Scottish Widows' annual IFA awards.

IndexIQ, a US provider of index-based alternative investments, has released two ETFs offering protection against inflation.

Santander has noted the positive contribution of both Bradford & Bingley (B&B) and Alliance & Leicester (A&L) to its Q3 profits.

A high-street insurance broker has been fined £770,000 for "serious failing" in its advised sales of single premium payment protection insurance (PPI).