News

Transact has moved to tackle difficulties accounting for the incoming rebate tax with the creation of a new automated system to calculate it.

An internal review of advised mortgage cases at Royal Bank of Scotland showed just two out of 91 customers received MCOB-compliant advice.

The Chartered Insurance Institute (CII) looked into 525 disciplinary cases in 2012, according to its latest Professional Standards Board report.

The Financial Conduct Authority (FCA) has issued an alert to consumers not to fall foul of a website which is a clone of London-based wealth manager.

Expat pensioners have suffered falls in retirement income by as much as 50% due to the weakening pound, warns Equiniti Paymaster.

Offshore centres continue to progress according to the latest Global Finance Centre Index (GFCI) 13 by research group, Long Finance.

Barclays reputation was hit when it refused to comply with the spirit of financial regulation and by allowing a group of elite investment bankers to "lose a sense of proportionality and humility", a report has found.

Banks and buildings societies are likely to make fresh cuts to mortgage rates, according to the Bank of England (BoE).

MPs tasked with scrutinising state pension reform have warned the transition period will be ‘long and complex' and must be communicated effectively to the 40 million people affected.

The Upper Tribunal has backed the Financial Services Authority's (FSA) decision to ban an insurance broker who fraudulently obtained a £20,000 overdraft on the grounds that he is "not a fit and proper person".