News

UK pension funds are increasing their allocation to non-traditional asset classes in a bid to manage their risk more effectively, according to research from Mercer.

A series of roadshows designed to help advisers sell more protection cover is being jointly launched by Direct Life & Pensions (DLP) and PruProtect.

LV= annuity customers whose income is RPI-linked will not be affected by the Retail Price Index's (RPI) tumble to -0.4%, which takes the UK into deflation for the first time in 50 years.

The Building Societies Association (BSA) has confirmed its members have signed up to a Customer Commitment arrangement designed for borrowers in financial difficulty.

A Government scheme allowing households at risk of repossession to defer interest on their mortgage payments has today gone live, though some major lenders have opted to offer their own alternative.

Britain has fallen into official deflation for the first time since 1960, according to new figures from the Office for National Statistics (ONS).

Britain has fallen into official deflation for the first time since 1960, according to new figures from the Office for National Statistics (ONS).

Nouriel Roubini, the so-called "arch bear" economist who predicted the current financial crisis in 2006, added further gloom yesterday after he wrote off recent rises in global stock markets as no more than a dead cat bounce, The Independent reports....

Credit Suisse is offering to pay SwFr50m (£29.5m) to around 1,700 of its wealthy customers who bought capital-invested products sold by Lehman Brothers.

The Government may announce an extension of its Stamp Duty 'holiday' in tomorrow's Budget, according to reports.