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Latest News

FTSE dodges red as China steps up market support

FTSE 100 follows US markets higher as investors take heart from China's move to support its stock market. 

Tech firm launches app to help savers navigate pension freedoms

Equiniti has launched an app to help those approaching retirement navigate through their new found pension freedoms.

Consumer panel criticises 'inconsistent' DB transfer advice rules

The FSCP has hit out at the government over its 'inconsistent' rules on individuals needing advice for DB to DC transfers and has also urged it to address the lack of advice available for those wanting to sell their annuities.

Over half of DC default funds fail to keep up with freedoms

Less than half of UK firms have adjusted the default strategy of their defined contribution (DC) pension schemes following pension freedom, according to new research.

Tilney Bestinvest boosts business with quadruple IFA hire

Advice group Tilney Bestinvest has hired four new employees across its nationwide offices, following the acquisition of a Birmingham IFA last week.

IFAs warn 'overkill' EU recording rules will create significant costs

Advisers have warned that forcing firms to record telephone and electronic communications with clients under upcoming EU legislation would be ‘overkill’ and place an ‘unnecessary’ burden on the advice sector.

MDRT names new president as Banks steps down

The Million Dollar Round Table has appointed a new president who will take over from UK adviser Caroline Banks.

Access denied: under 50% of employers to offer drawdown

Fewer than 50% of UK employers plan to offer workers access to the pension freedoms via their workplace pension scheme.

Tavistock boss: We want to be 'more modern' SJP

Brian Raven says firm wants to be like national advice firm but clearer on costs.

MPs to quiz ABI, TPAS and Hargreaves over advice market

A slew of new names have been called up for an inquiry into guidance and advice available in the wake of the pension freedoms.