Owners who leave their properties in Cornwall empty for more than two years will have to pay 150% of their council tax bill, while discounts for second home owners have been scrapped.

Young people in Britain are saving nearly one fifth of their monthly disposable income, which is more than any other age group - but only 12% are using this money to save for retirement, according to research by asset manager BlackRock.

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HM Revenue and Customs (HMRC) is stepping up its investigations into taxes potentially underpaid by the directors and senior executives of the UK's largest companies, warns Pinsent Masons, the international law firm.

The Association of Christian Financial Advisers (ACFA) is supporting legal moves to stimulate increased social investment in the UK.

Fund manager Gervais Williams says he manages his own finances because financial advisers are expensive and apt to confuse.

A tough stance by the incoming Financial Conduct Authority (FCA) to act "early and decisively" will bring integrity back to financial markets, chief executive designate Martin Wheatley has pledged.

The state of banks' financial health remains "obscure" and they are not worth investing clients' savings in, fund manager Liontrust has said.

The Investment Management Association (IMA) has called on the Financial Services Authority (FSA) tighten up its definitions of banned 'toxic' products to avoid a catch-all situation with other similar investments.

An advice firm has unveiled the latest version of its bespoke cashflow model, which it says uses "Monte Carlo statistical simulations" to illustrate how variations can impact on a client's future well being.