The action group for depositors in collapsed Kaupthing Singer & Friedlander (KSFIOMDAG) is 'devastated' the court will adjourn the decision of whether a Scheme of Arrangement should be used to return depositors' savings.

Swiss bank UBS will relay details of American account-holders to the US Government in a bid to quash allegations of aiding tax avoidance, according to The Times.

Combating an 'aggressive' international agenda towards tax havens will be the Isle of Man's 'top priority' as it strives to be excluded from various tax black-lists.

Prudential's UK retail sales rose by 10% during 2008, while overall sales for the group climbed 5%.

The Dow Jones fell to its lowest level in more than six years last night as some US banks plummeted.

Scottish Life is to strengthen its marketing and technical support services for IFAs across the UK.

The Government should consider imposing caps on the amount mortgage companies can lend to homebuyers, the Bank of England's deputy governor has said, according to a report in The Telegraph .

Dentons Pensions Management has today revealed plans to expand its presence in the SIPP market.

I remember a recent blog where an adviser had a pop at me for having a go at investment bonds because I said they were often mis-sold.

Demand for technology-driven solutions will see a defined move to efficient client-centric wrap platforms from product-centric fund supermarkets, writes Novia's Bill Vasilieff.