The Dow Jones rocketed on opening today, following news retail sales rose in May for the first time in three months on the back of growing consumer confidence.

A 'perfect storm' of demographic, individual and financial factors is poised to derail people's retirement plans, a global survey from HSBC Insurance reveals.

Suffolk Life has signed a deal with Cofunds to remove initial charges on all funds available through the platform.

Almost six out of ten IFAs are concerned they could face regulatory action concerning their asset allocation decisions taken during a period of unprecedented market volatility.

International businesses and entrepreneurial corporates are been drawn to the Isle of Man from the UK after the Chancellor's Budget tax changes have "unsettled" non-doms, according to the Isle of Man Government.

Platform providers have been forced to defend themselves following criticism from the IMA they are not passing on key fund information to advisers and their clients effectively.

SimplyBiz has opened up its New Model Business Academy (NMBA) to the whole of the financial services market and those looking to begin a career in the profession.

Advisers plan to continue mainly recommending products denominated in sterling despite the rising local currency causing an overwhelming majority of global funds to perform poorly this year.

Three groups have joined the FTSE 100 following the latest review of the blue-chip index.

Depositors with savings trapped in failed bank Kaupthing Singer & Friedlander Isle of Man (KSFIOM) are set to receive payments by late summer, according to the Manx Government.