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Aviva is demanding stricter rules on pension transfers to stop the "spiralling number of people being persuaded by fraudsters" to access their retirement savings early.
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The Investment Management Association (IMA) has today published its monthly statistics for September 2013 which show that equity-based funds have been the top sellers for six months in a row.
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The majority of over-45s in the UK expect to retire with at least £490,990 in assets, according to research from equity release provider Partnership.
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Award-winning Financial Planner Emma Hall is set to join Clifton Wealth in Bristol and apply her skills to the personal investment, income drawdown and inheritance tax sectors.
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JP Morgan Asset Management has launched an emerging markets fund, the Total Emerging Markets Income Fund, which combines investments in debt and equity.
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Hargeaves Lansdown says the DWP is right to consult on a charge cap on workplace pensions and changes should be made, particularly on older schemes.
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The FCA has fined Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank) for "serious, prolonged and widespread misconduct" relating to the London Interbank Offered Rate (LIBOR).
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Martin Wheatley, chief executive of the Financial Conduct Authority, has today called for greater transparency to boost the reputation of the asset management sector and a "frank and open discussion" on how and where dealing commission is spent.
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An offshore tax avoidance scheme used by Aberdeen Asset Management to pay employees tax-free bonuses has been closed by Scotland's most senior court.
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Britain's nine million 45-54 year olds need to rethink their plans for funding a secure retirement due to economic pressures and the squeeze on household incomes, according to research from BlackRock.
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