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News

Regulation

Stockbroker FHF goes into administration

The Financial Services Authority (FSA) has confirmed that Fyshe Horton Finney Stockbrokers has entered the special administration regime (SAR).

clock 20 March 2013 •

Investment

True Potential: Budget 2013 sounds death-knell for cash savings

Financial services firm True Potential says the Budget has underlined the ineffectiveness of cash savings.

clock 20 March 2013 •

Long Term Care

Budget 2013: £72k care cap confirmed

Chancellor of the Exchequer George Osborne has brought the social care spending cap forward to 2016 to protect funding above £72,000.

clock 20 March 2013 •

Pensions

Budget 2013: Govt to consult on residential property for pension investment

The government will consult on amending pension scheme rules to free up disused space in commercial properties for residential use, budget documents have revealed.

clock 20 March 2013 •

Investment

Budget 2013: Spouses' tax relief loophole closed

The government has confirmed it will end tax relief on contributions to pension schemes set up for employees' spouses or families as part of a clampdown on avoidance.

clock 20 March 2013 •

Income

Budget 2013: GAD to review income drawdown tables

The government has commissioned the Government Actuary's Department to review income drawdown tables.

clock 20 March 2013 •

Economics / Markets

Budget 2013: Sterling stays afloat as Chancellor lowers GDP forecast

The FTSE 100 and sterling have both held on to gains from this morning following Chancellor George Osborne's 2013 Budget speech.

clock 20 March 2013 •

ISAs

Budget 2013: CTF investors could be £7,500 better off

Plans to allow "zombie" child trust funds (CTFs) to be switched to Junior ISAs could see savers £7,500 better off.

clock 20 March 2013 •

Investment

Budget 2013: Govt unveils major strategy to boost UK fund industry

The government has announced plans to put UK asset managers at the forefront of its mission to kickstart the economy, saying "opportunities abound" for the sector.

clock 20 March 2013 •

Mortgages

Budget 2013: Osborne unveils deposit package for struggling house hunters

George Osborne has announced the introduction of a government-backed mortgage lender guarantee in order to help house hunters struggling to find a deposit.

clock 20 March 2013 •
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