News

Matrix Capital, a Shrophire-based advisory business, has been awarded the contract to provide financial advice services to winners of the National Savings & Investments (NS&I) monthly Premium Bonds £1m jackpot prize.

Matthew Ames, son of troubled overseas property company Harlequin's chairman David Ames, has been jailed for 40 months for cheating investors out of £1.6m via an elaborate Ponzi scheme.

BlackRock has warned of ‘major risks' to the UK and Scotland if Scots vote for independence in September's planned referendum.

An adviser working for Lloyds Bank has avoided a jail sentence despite stealing more than £200,000 from elderly clients to fuel his gambling habit.

Labour has backed the Chancellor's move to radically overhaul the pension system, which will give retirees freedom to do what they want with their money at age 55.

Standard Life has tabled a reported £400m bid for Ignis Asset Management.

UK expats are being urged to consider potential tax traps following the Chancellors radical announcement to give savers in UK defined contribution (DC) pension total freedom on how they access their pension pots.

Annuity provider Partnership has extended its annuity guarantee and cooling-off periods in response to Wednesday's Budget, which announced sweeping reforms for the annuity market.

Fidelity Worldwide Investment is to stop paying trail commission to IFAs on Anthony Bolton's China Special Situations investment trust.

The number of previously-advised customers who no longer have a financial adviser following widespread regulatory changes may be as large as five million, a report suggests.