The UK Government's "prejudiced" view of offshore centres and its general misunderstanding of the industry could harm London's position as the international finance capital, ex shadow chief secretary to the Treasury Howard Flight warns.
Pensioners retiring in seven of the twelve most popular destinations for UK expats will have their state pension frozen at the rate when they first started drawing it, according to Alliance & Leicester International (ALIL).
Scottish Widows is being accused of threatening to shut down IFA agencies as the insurance giant seeks to address falling business levels.
Some of the best-known figures in the City of London are planning to abandon Britain as dissent grows over the Government's decision to raise the top rate of income tax to 50 per cent.
Skandia topped gross platform sales in Q1 this year, collecting a 36% share on the top four platforms.
Here we list who has moved where in another busy week in the offshore sector.
Barclays is in talks about selling asset management arm Barclays Global Investors for about $10bn, with potential bidders including US money manager Blackrock, according to people familiar with the matter, The Financial Times says.
Banks once again lead the FTSE 100 winner's table, but the index remains in the red shortly after midday.
The Treasury Committee has accused the FSA of not doing enough to tackle the bank bonus culture.
Spending the evening in the delightful company of some former colleagues at a dinner party on the coast (watercress soup, followed by coq au vin, then a sumptuous choice of desserts that featured syllabub, bakewell tart and/or fruit pavlova, with an extensive...