News

Fidelity FundsNetwork is to bring forward all rebate payments accrued in the current tax year to before 6 April, in a bid to avoid income tax levied by HM Revenue & Customs (HMRC).

The Financial Conduct Authority (FCA) has confirmed the names of its 12 board members to take effect from 1 April 2013.

The BBC has postponed an episode of Panorama covering overseas luxury property company Harlequin following allegations of bribery.

Financial advisers are as likely to be reported to the Ombudsman by other financial businesses as claims management companies, it has been has revealed.

Pension payments into Cypriot bank accounts for British expats have been suspended by the UK's Department for Work and Pensions.

Cyprus has implemented a series of stringent capital controls as it seeks to prevent assets fleeing the country when its banks reopen today.

The chief executive of the incoming Financial Conduct Authority (FCA) has said the body will be "much broader" in its approach to identifying mis-selling and other problems - including monitoring Twitter.

A near-25% rise in UK protection sales helped drive an increase in profits for the Royal London group in 2012.

The Money Advice Service (MAS) has put an increased emphasis on 'budgeting' in its Business Plan 2013/14 released today.

Skandia has expressed frustration at rival platforms failing to allow electronic re-registration of assets, despite being required to do so under the Retail Distribution Review (RDR).