The FCA and Prudential Regulation Authority have today jointly fined Royal Bank of Scotland Plc (including NatWest and Ulster Bank) a total of £56m for IT failures in June 2012 which prevented the banks' customers from accessing banking services for several weeks.
Newly released figures have shown there is a gap of nearly nine years in the life expectancy for a newborn baby boy in South Cambridgeshire compared to Blackpool.
A financial advisory firm has reported lifetime annuity sales only account for 25% of its total business written since the Budget reforms – a fall of 22%.
Intelliflo has announced it has appointed a new chief executive.
The director general of the Association of British Insurers will leave his role to head up the National Employment Savings Trust, lured by the prospect of playing a role in the pensions revolution.
Inflation has risen to 1.3% according to the latest figures from the Office of National Statistics.
Dozens of Financial Planning firms have signed up to provide free surgeries to members of the public, with just days to go before the profession's biggest week of the year.
From 23 to 29 November, Financial Planning Week will be putting the importance of Financial Planning firmly on the local and national news agenda. Elizabeth Holt, managing director of Holt PR which is working with the IFP to promote the campaign, looks at ways in which advisers can benefit from this initiative.
The Financial Conduct Authority has fined Chase de Vere Independent Financial Advisers Limited £560,000 for failures surrounding the sale of Keydata products.
A leading Paraplanner in the Powwow movement has backed a minimum standard for the profession - but says it should not be exam based.