KPMG

Experts are bracing themselves for a "firesale" of protection products next year ahead of a rule change which could see premiums soar by 10%.

The Financial Services Compensation Scheme (FSCS) could be forced to pay out to hundreds of investors who lost money in Keydata, not just through ISAs, in light of evidence directors knew as early as 2005 their promotional literature was "misleading"...

Auditors are too trusting of managers' explanations of financial reporting when looking into company accounts, the Audit Inspection Committee (AIU) says.

The Government is set to index private sector pension increases to the CPI in a move that could cut £100bn from scheme liabilities.

Non-doms need to be extra vigilant when filing their tax returns before the January deadline, or risk a ‘disproportionately high' bill from the taxman, warns KPMG.

Gordon Brown appeared to step back from a G20 declaration to introduce a bank tax after Downing Street insisted that he was merely trying to open a debate on raising new money from the City.

Two of America's most noted financial commentators have argued the recovery of the US economy is not a given, despite the recent uptick in sentiment.

The recovery has begun, although it will be unpredictable and protracted, according to the International Monetary Fund's chief economist, reports the Telegraph.

KPMG is being sued for $1bn by creditors of a sub-prime lender for failing to properly audit the collapsed firm.

HM Treasury has announced it has set up a working group to consider the effect of taxation on the competitiveness of UK funds.