News

Billionaire Wall Street hedge fund titan John Paulson is reportedly planning to move to Caribbean island Puerto Rico to cut his tax bill.

Protection provider Cirencester Friendly has called for an industry standard for disclosing income protection (IP) claims statistics.

The asset management division of Close Brothers, comprising both advised and managed solutions for clients, turned a profit in the six months to February thanks partly to a 6% increase in overall assets under management.

Labour has been accused of playing "cynical party games" ahead of a House of Commons debate and vote on plans for a ‘mansion tax'.

Lloyds Banking Group has put a 20% stake in wealth manager St James's Place (SJP) up for sale.

An ex-futures trader has been jailed for insider dealing after pocketing £591,000 in fraudulent deals.

Harlequin Property, a UK-based overseas property sales agent that is not regulated by the Financial Services Authority (FSA), has agreed a "substantial" out of court settlement with a number of investors who wanted their money back.

Aegon has said a drive to clean share classes represents the "only way forward" for an industry reeling from a proposal to replace cash rebates with unit rebates.

Adviser firm Informed Choice has appointed Fidelity FundsNetwork to run its direct to consumer (D2C) platform, IC Direct.

Graham Bentley has quit Skandia in the fallout from the group's merger with Old Mutual.