Advisers are charging clients more post-Retail Distribution Review (RDR), despite falling product prices, a consultancy hired by the Financial Conduct Authority (FCA) has found.
Three things that changed advice forever in 2014
Consumer research undertaken by the Financial Conduct Authority (FCA) found 40% of consumers do not exercise their option to switch and instead purchase an annuity from their existing pension provider. The regulator found six key reasons why.
The Financial Conduct Authority (FCA) is asking annuity providers to look into their non-advised sales going back to 2008 to see if consumers missed out on higher income by buying the wrong type of annuity.
Three men have been convicted of fraud as part of the Serious Fraud Office's (SFO) investigation into a £23m 'green' energy investment.
Japan's economy shrank more than initially estimated in the third quarter of 2014, according to revised gross domestic product (GDP) figures.
The Financial Conduct Authority (FCA) is to review how and how much it fines businesses amid complaints from banks about the rise of high penalties.
The Confederation of British Industry (CBI) has issued a warning over Chancellor George Osborne's plans for the UK to "go it alone" on corporate tax reform.
The amount of profit in UK banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts will be delayed, the Chancellor has announced.
The Chancellor will raise the personal allowance threshold to £10,600 in the next year, £100 more than the initially planned £10,500.