Latest News

Pension charge cap delayed 'at least a year'

Legislation to cap charges on pensions could be delayed until at least next year, according to latest proposals by pensions minister Steve Webb.

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Current account switching up 17 per cent

Current account switching increased by 17 per cent in the last three months of 2013 as consumers felt confident enough to 'break free from the shackles of their old banks'.

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New credit rating agency Arc hopes to rival 'big three'

A new international credit rating agency has launched, aiming to shake up the industry and rival the 'big three' Moody's, S&P and Fitch.

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'We won't pay to be on HL Wealth 150', says Fundsmith's Terry Smith

Hargreaves Lansdown has announced discounts on 27 Wealth 150+ funds, but Fundsmith's Terry Smith doesn't want to be on the list.

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Hargreaves Lansdown reveals new pricing structure

Hargreaves Lansdown has revealed its new pricing structure, with most clients paying an annual charge of 0.45 per cent from 1 March 2014.

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Paragon issues eight-year 6.125% retail bond

Buy-to-let lender and consumer finance group Paragon has issued an eight-year retail bond with a coupon of 6.125 per cent.

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Inflation falls to 2 per cent target

Inflation has fallen to its target level of 2 per cent for the first time since November 2009, according to the Office for National Statistics.

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Tesco tops best saving rates as it increases interest

Tesco has raised the rate on its Internet Saver account for new savers to 1.55 per cent before tax (1.24 per cent after tax).

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New retirement guidance site criticised as misleading

A new online directory launched to help pension savers access information and guidance when shopping around for retirement options has been criticised for being ‘misleading’ and biased.

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Sarasin expands Global Equity Income fund range

Sarasin & Partners has announced changes to its global equity income range, including two new and two renamed funds.

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The week ahead (13/01-17/01)

This week will see the release of three housebuilder trading updates and the third-quarter sales report from fashion retailer Burberry Group.

Monday 13 January

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Equity funds remain top sellers - have markets peaked?

Equity funds are topping the best-seller lists for the eighth month in a row, according to the Investment Management Association (IMA).

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