News

Employers and pension providers need to do more to raise awareness of the open market option (OMO), according to The Pensions Regulator (TPR).

The Government has rejected renewed calls to provide compensation to Equitable Life policyholders who lost out when the insurer was forced to close to new business in 2001.

LV= says IFAs should make themselves aware of the tax implications of guaranteed annuities, or their clients' tax planning precautions could be affected.

The Financial Services Skills Council (FSSC) is calling on stakeholders, including financial advisers, to have their say on the future of the organisation as part of an independent review.

Solicitors must only refer clients to independent advisers for investment advice, revised guidance for solicitors states.

Five of the country's leading housing and economic experts are banding together to form a task force with the aim of breaking the boom-bust cycle in the UK property market.

The Bank of England's Monetary Policy Committee (MPC) noted improving market conditions before unanimously voting to hold interest rates at 0.5%, the minutes of the July meeting have revealed.

The FSA and financial ombudsman (FOS) are under pressure to name and shame firms that fail or refuse to pay FOS awards.

Skandia says proposals to ensure provider firms intervene in cases of ‘extreme' adviser charges go against the principles of the RDR.

The flight to safety which began in mid-September last year has now come to an end, according to the government-backed National Savings and Investments(NS&I).