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Wonga to pay customers £2.6m after 'very serious misconduct'
- Wednesday, 25 June 2014
- Articles
Compensation of over £2.6m is heading the way of more than 45,000 customers treated 'unfairly' by Wonga.
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Schroders invests in online firm 'changing wealth management'
- Wednesday, 25 June 2014
- Articles
Schroders is among investors who have bought a stake in online direct to consumer platform Nutmeg.
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Scientists warn over dangers of 'traffic lights' for finance products
- Wednesday, 25 June 2014
- Articles
A traffic light labelling system, such as that used on food, would create a false sense of security if applied to financial products.
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'Guidance guarantee must be independent of providers'
- Wednesday, 25 June 2014
- Articles
Nearly a quarter of over 55s would trust professional financial advisers to provide the retirement planning service pledged in the Government's guidance guarantee, a survey suggests.
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London Stock Exchange Group buys Russell for £1.6bn
- Thursday, 26 June 2014
- Articles
The US-based Northwestern Mutual today confirmed it is selling the company's subsidiary Russell Investments to the London Stock Exchange Group for £1.6 bn.
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Neil Woodford's new company reports 'thrilling' £1.6bn inflows
- Thursday, 26 June 2014
- Articles
Leading fund manager Neil Woodford's new asset management company has reported 'thrilling' inflows of £1.6bn for its CF Woodford Equity Income Fund.
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Britain strides towards goal of being hub for Islamic finance
- Thursday, 26 June 2014
- Articles
Ambitions to make Britain the western hub for Islamic finance have taken a stride forward as the sovereign Sukuk, the Islamic equivalent of a bond, was issued.
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Dutch style pensions Bill goes before Parliament today
- Thursday, 26 June 2014
- Articles
Dutch style collective pension schemes are part of a Bill going before Parliament today.
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Millionaire dream takes two decades longer for women
- Friday, 27 June 2014
- Articles
Women have to wait 20 years longer than men to earn their first million, new research has found.
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UK growth at 0.8% in first quarter of 2014
- Friday, 27 June 2014
- Articles
Growth in the UK economy was 0.8% in the first quarter of 2014, the Office for National Statistics has reported this morning.
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