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Latest News

Legacy pension crackdown set to save £10bn in fees

Over £10 billion of pension savings will have their costs cut as part of a crackdown on high-charging schemes, according to pensions minister Steve Webb.

Bellpenny targets Telegraph readers in pensions advice deal

IFA consolidator Bellpenny is set to provide at-retirement advice for Telegraph readers as part of its tie-up with Skipton Financial Services.

MAS turns off TV ads with £4.4m marketing cut

The Money Advice Service has cut its marketing budget by £4.4 million in a move which will see it drop its controversial TV and radio advertisements.

Canada Life unveils pension proposition ahead of April

Canada Life has unveiled its pension proposition ahead of the upcoming retirement reforms in April.

Barclays tops FCA list of shame but complaints fall 7%

Barclays has topped the Financial Conduct Authority’s list of most complained about financial services firms for the second half of 2014.

Alliance Trust faces fresh attack over performance and pay

Alliance Trust has suffered a setback in its battle against activist investor Elliot Advisors after a former board member attacked its performance and executive pay.

FCA gives in to MP pressure to publish internal audits

The FCA has agreed to provide MPs with copies of its internal audit reports.

FTSE rebounds as tech stocks recover

UK shares mount broad-based recovery after last week's strong sell-off, with tech stocks rebounding on fresh mergers and acquisition news.

Former adviser jailed after stealing £465k from clients

A former financial adviser has been jailed for five years for stealing £465,000 from two elderly clients.

PFS warns gov’t over insistent pension transfer 'scandal'

The Personal Finance Society has written to the government and the Financial Conduct Authority raising concerns over clients who insist on pension transfers against the advice of an IFA.