News

Many defined contribution members' pension pots are worth less than the cash contributions into them, PricewaterhouseCoopers research reveals.

Here we list who has moved where in another busy week in the offshore sector.

Trevor Greetham has moved his Multi-Asset Strategic fund to an overweight position in equities after becoming more bullish on the markets than at any time for nearly two years.

Net retail sales of overseas-domiciled funds have more than doubled since last year, according to IMA's April fund statistics.

Pensions minister Rosie Winterton submitted claims for "soundproofing" the bedroom of her London home and received thousands of pounds for gardening and decorating, latest Telegraph revelations reveal.

Max Property Group has listed on The Channel Islands Stock Exchange (CISX) on a primary basis and the issue of its shares has been claimed to be the largest initial IPO in Europe this year.

The Government's anti-forestalling rules for higher rate tax relief are putting SIPPs and smaller pension schemes at a huge disadvantage to larger group schemes, industry experts say.

The Financial Services Authority was yesterday accused of going too easy on Britain's troubled lenders by testing their financial resilience against unchallenging assumptions, reports The Telegraph .

The Government's anti-forestalling rules for higher rate tax relief are putting SIPPs and smaller pension schemes at a huge disadvantage to larger group schemes, industry experts say.

Friends Provident has launched a web-based tool designed to help advisers writing more protection business online.