Increasing use of income drawdown following the Budget annuity changes could see 20% of pensioners exhausting their funds before they die, pension experts have warned. Read more ...
Research by Santander has highlighted a growing savings gender gap with women savings less than half the amount men have saved. Read more ...
Two of Carmignac's funds are now risk-rated by Distribution Technology, a provider of risk profiling and Financial Planning tools for advisers. Read more ...
AFH Financial Group of Bromsgrove, West Midlands, has bought the assets of IFA Omega Consulting (Norwich) Ltd. Read more ...
The Financial Ombudsman is poised to report figures tomorrow which show a rise of approximately 50% in the number of Sipp complaints it has received in the past year. Read more ...
A report on spending power has found that consumer confidence continues to rise, reaching a new survey high for the fourth month in a row. Read more ...
The Financial Ombudsman Service, the government-backed independent watchdog that aims to settle disputes between consumers and financial businesses, reported a record 2.3m disputes in the past 12 months - equivalent to 40,000 a week. Read more ...
Inflation figures released today show the Consumer Prices Index (CPI) rose from 1.6% to 1.8% during April and one impact is that the number of savings accounts that beat inflation has declined further. Read more ...
London Stock Exchange Group has confirmed press speculation that it may launch a bid for global asset manager Russell Investments. Read more ...
The Annual Conference of AMPS (the Association of Member-directed Pension Schemes) gets under way today (Weds 21 May) in London at a critical time for the sector, says chairman Neil MacGillivray. Read more ...
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