Advisers and agents selling clients investments in Caribbean villas run by Harlequin Property received commissions of up to 15%, according to a lawyer close to the situation.
Standard Life has confirmed it is to pay the recently announced rebate tax for its users until the end of this year.
Around a third of Britons do not know how they will finance later life costs for themselves or a relative, according to new research.
Outgoing Bank of England Governor Sir Mervyn King has urged successor Mark Carney not to spell out how long interest rates will remain low when he takes charge.
The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.
Who moved where in another busy week in financial services...
AllianzGI has added a 'high convinction' European equity fund to its Luxembourg-based SICAV.
Sir Mervyn King, the outgoing head of the Bank of England, has called for an end of banker bashing saying it's wrong to "demonise individuals" for the failure of the financial system.
The assets of more and more people are finding their way into the pockets of Her Majesty, Prince Charles, or the Treasury because they are failing to make a will.
Celebrities, bankers and football stars have been caught up in an alleged £125m tax fraud after putting their money into failed film investment plans.