News

Harlequin Property, the UK-based overseas property sales agent that is at the centre of a Serious Fraud Office (SFO) investigation, has lost its second auditor in under three years.

Advisers and clients could get "caught out" by the new tax treatment of payment of trail commission, according to James Hay Partnership.

Jupiter chief executive Edward Bonham Carter has criticised EU proposals to cap fund manager bonuses, saying the moves could jeopardise industry stability.

City Financial has acquired OPM Fund Management for an undisclosed amount, taking over its £75.2m fund range in the process.

The EU bail out conditions could have a detrimental effect on Cyprus' tax centre status, according to accountants, Baker Tilly.

Regulators have fined companies and top bosses about £1bn for fraudulent activities since 2007, a report due out today has found.

Wealth manager Towry has revised plans to list in the coming months, telling the FT it has raised enough private funds to expand through acquisitions.

New tighter rules governing the sale of 'packaged accounts' have come into force.

The Financial Services Authority (FSA) ceased operation yesterday and was replaced by two powerful regulators.

Lord Adair Turner, the last chairman of the now-disbanded Financial Services Authority (FSA), has joined the economics think tank founded by billionaire George Soros.