News

The Upper Tribunal has upheld a decision by the Financial Conduct Authority (FCA) to fine investment adviser Westwood Independent Financial Planners £100,000 for mis-selling geared traded endowment policies (GTEPs).

The UK's state pension is the second worst in the developed world, with only Mexico giving OAPs a worse average salary replacement rate in retirement, a study has found.

Kames Capital plans to launch its first ever Property Authorised Investment Fund (PAIF) for retail investors in the first quarter of the coming year.

Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.

Most American expatriates have at least questioned their US citizenship due to the impact of the Foreign Account Tax Compliance Act (FATCA), a survey suggests.

Tax relief on retirement savings should be cut and pensioners should have to pay National Insurance contributions, according to a think tank.

Kames, Pictet, Impax and Vontobel were among the finalists that shone in this year's Environment, Ethical, Social & Governance (ESG) Investment Awards.

Arch Cru's new fund manager John Davey heavily contested that there was a 'fire sale' of Guernsey cells' portfolios that could have lost investors money following his firm's takeover of the fund management mandate in 2009.

The Royal Bank of Scotland is facing a criminal investigation over allegations the bank forced small businesses into default, according to reports.

Royal Mail reported a significant jump in profits this morning thanks to a number of one-off gains, as it posted its first set of results since listing.