Aegon UK has told staff about further developments in its programme to restructure its life and pensions business and reduce operating costs by 25% by end 2011.Some 116 jobs will be axed as a result. Read more ...
According to independent financial research company Defaqto, new opportunities for advisers are emerging within the income protection market, despite the fall in public confidence brought about by the mis-selling of payment protection insurance. Read more ...
Tax specialist Baker Tilly believes that the so-called "mansion tax" could be back on the political agenda as the government continues to ponder scrapping the 50% income tax rate. Read more ...
VouchedFor.co.uk, which promotes itself as the "Tripadvisor for financial advisers", has produced new research revealing that fee-based IFAs can leave investors better off, but are difficult to find, with only 3% advertising a fee-based service. Read more ...

The Personal Finance Society has appointed a new president to replace Edward Grant.

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Thursday, 08 September 2011
Articles

Ascentric has unveiled its new look for the company which it hopes will highlights the firm’s sophisticated technology.

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The Bank of England held interest rates at 0.5 per cent today, a rate that has been unchanged for 30 months.

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A third of employees are expected to opt out of auto-enrolment, according to Legal and General.

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Lloyds Banking Group was the most complained about bank during the first half of 2011, according to the Financial Ombudsman Service.

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NS&I today announced that its Savings Certificates, both Fixed Interest Savings Certificates and Index-linked Savings Certificates, have been withdrawn from sale.

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