Kaupthing Singer and Friedlander Isle of Man (KSFIOM) will be liquidated and the Depositors Compensation Scheme (DCS) triggered, as voters deciding the future of the collapsed bank vetoed the Isle of Man government's Scheme of Arrangement (SOA) proposal....

Friends Provident has launched a web-based tool designed to help advisers writing more protection business online.

The Building Societies Association (BSA) has warned its members may be forced to raise mortgage rates in order to pay for higher levies from the Financial Services Compensation Scheme (FSCS).

After initial gains on Wall Street, shares began to fall as investors continue to worry about government debt. The Dow Jones fell 32.33 points (0.39%) to 8,259.8.

Bramdean Alternatives, the investment trust managed by Nicola Horlick, is facing shareholder pressure to liquidate if a suitable takeover bid is not received by 31 July.

Former Skandia chief investment officer Clive Hale is set to follow in the tyre tracks of Ewan McGregor by embarking on a round-the-world 20,000-mile motorbike ride to raise money for charity.

Network Data Holdings today called in administrators just a month after having its permission cancelled by the FSA.

Offshore savers who decline to declare any tax irregularities could be vilified like MPs falsely claiming expenses, as the Government prepares to name-and-shame tax evaders in a new initiative announced in the Budget, according to PKF Accountants & business...

The identities of thousands of UK residents with offshore accounts will be revealed as HMRC's drive to clamp down on tax evasion steps up a gear.

Japan's central bank has upgraded its outlook for the domestic economy, despite a major contraction in output.