News

A tax avoidance scheme sold by serial avoidance promoter NT Advisors has lost its third bid for legitimacy, saving the country £100m, HM Revenue & Customs (HMRC) has said.

Preliminary figures released today show the US economy grew at an annual rate of 3.2% in the last quarter of 2013, in line with analysts' expectations.

Schroders is to rebrand the entire Cazenove Capital fund range following its takeover of the business last year.

Network Openwork has appointed Christopher Rodrigues as chairman.

A former investment adviser has been fined £19,900 and banned by the Financial Conduct Authority (FCA) for fabricating his Statement of Professional Standing by using a template he found online.

Financial services industry players have voiced their frustrations about the regulator's lack of clarity in the direct to consumer (D2C) and simplified advice space, saying it is hampering innovation and preventing them from bridging the advice gap.

Money spent on 'wake up packs' should be spent on providing retirees with a 15 minute conversation with a retirement expert.

The value of Alternative Investment Market (AIM)-listed shares has seen a collective increase of 25% since legislative changes lifting the ban on direct ISA investments were announced, research by Close Brothers has found.

The True Potential group has reported its net profit for last year was up 47% as it benefited from a drastic increase in adviser numbers.

More than one in ten retiring Brits spend less than an hour sorting out their financial future, research suggests.