The founder of the modern FSA and its first chairman is urging financial advisers to revisit the files of their more adventurous clients to guard against any "unpleasantness" in the current climate.

Television star Martin Clunes has been accused of depicting Guernsey as a 'tax haven' in a television programme by the Island's state officials and the general public.

Two investment consultants were arrested yesterday by police investigating an international fraud involving potential losses of £250 million.

Internal Revenue Service Commissioner Douglas Shulman said projections that the US loses $US100 billion annually to offshore tax havens are "wild estimates" that "don't have much basis".

Laurie Petar says he blends experience of the industry, a core holding of 10 trusts and backing people he knows well and 'who are cleverer than me', to outperform the markets

Standard Life's chief executive, Sir Sandy Crombie, is to join RBS as an independent director.

The founder of the modern FSA and its first chairman is urging financial advisers to revisit the files of their more adventurous clients to guard against any "unpleasantness" in the current climate.

Invesco Perpetual bond fund stars Paul Read and Paul Causer say there have had no problems investing the huge inflows into their funds over the past year as there are plenty of attractive opportunities available.

London trading has been turbulent this morning, with the FTSE 100 index moving wildly as it makes its way into positive territory, up 7.52 points (0.17%) to 4,352.99 at 8.30am.

Here we list who has moved where in another busy week in the offshore sector.