News

HM Revenue and Customs (HMRC) has confirmed it is consulting on whether to tax fund rebates paid to customers.

The Office of Tax Simplification (OTS) has made a range of recommendations in a bid to make tax simpler for Britain's pensioners.

David Bellamy, the chief executive of St. James's Place (SJP), has said the business is "well positioned" to reap the benefits of the new trading environment introduced following the Retail Distribution Review (RDR).

The Financial Services Authority (FSA) has extended its investigation into firms suspected of attempting to manipulate the London inter-bank offered rate (LIBOR) to interdealer broker ICAP, according to a report in the Financial Times (FT).

The chief economist of the International Monetary Fund (IMF) has asked the government to "take stock" of its austerity programme ahead of the next Budget in March.

Drawdown customers and their advisers must be aware that despite the 20% uplift being restored, their pension might not increase for a year, Skandia warns.

Sheila Nicoll, director of policy at the Financial Services Authority (FSA), has announced her decision to leave the organisation when it transitions to the Financial Conduct Authority (FCA) in April this year.

Government must make the growing numbers of unemployed over-50s ‘a priority' as the state pension age rises, according to Age UK.

Financial advisers will be ‘centre stage' in the future long-term care system, according to the minister for care and support.

Ignis Asset Management parent Phoenix Group has rejected a number of takeover approaches to buy the fund management business, according to reports.