News

Taking a hefty tax charge on the chin might be the right decision

The Financial Services Compensation Scheme (FSCS) will start inviting claims against Catalyst Investment group from investors in the ARM Asset Backed Securities life settlements fund by the end of March.

Regulated firms may only need to complete Section K of their Retail Mediation Activities Return (RMAR) once annually rather than the current twice-per-year under data changes proposed by the Financial Conduct Authority (FCA).

George Osborne is potentially facing a £20bn black hole in the public purse when he delivers the next Budget, according to a re-creation of government models put together by the Financial Times.

Alliance Trust has begun to implement plans to relocate parts of the business to England, amid growing uncertainty caused by the upcoming referendum on Scottish independence.

Partnership Assurance has overhauled its board with the announcement of two new appointments and the departure of Robin Phipps and Marisa Cassoni.

The outlook for the financial services sector is seen to be improving as a consequence of the Retail Distribution Review (RDR), but most advisers report protection sales continue to lag following its introduction.

Invesco Perpetual's Mark Barnett has taken over Neil Woodford's £8.4bn Income and £13.1bn High Income funds with immediate effect, ahead of his original end-April start date.

Invesco Perpetual's Mark Barnett has taken over Neil Woodford's Invesco Income and High Income funds with immediate effect, ahead of his original end-April start date.

The Pensions Regulator (TPR) investigated more than 500 suspected breaches of auto-enrolment (AE) legislation in just six months and 590 in total since October 2012, figures show.