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News

Economics / Markets

Queen brands FSA 'toothless'

The Queen has spoken about "lax" City workers and a banking regulator which "didn't have the teeth" to intervene as she discussed the causes of the financial crisis during a visit to the Bank of England

clock 14 December 2012 •

Tax Planning

HMRC warns 300,000 late filers of possible seizures

The taxman is sending warning letters to those who have now run up late-filing penalties of £1,300 for that year, under self-assessment.

clock 14 December 2012 •

Economics / Markets

Standard & Poor's puts UK credit rating on 'negative outlook'

S&P said it could lower the UK's rating "if fiscal performance weakens beyond our current expectations".

clock 14 December 2012 •

Pensions

High earners to be hit by state pension reforms, minister says

High earners will be about £1,000 a year worse off following the government's planned state pension reforms, the pensions minister has admitted.

clock 14 December 2012 •

Economics / Markets

Barclays could slash up to 2,000 jobs

Barclays could slash as many as 2,000 jobs from its investment banking arm as part of a broad restructuring of the company.

clock 14 December 2012 •

Investment

Skandia to pour life money into Select range

Skandia is planning to seed its new ‘Select' fund range with substantial institutional money from its life book in exchange for groups surrendering margin to join the exclusive panel of funds.

clock 13 December 2012 •

RDR

Scottish Widows unveils RDR-ready charging model

Scottish Widows has announced its post-Retail Distribution Review (RDR) charging model and the enhancement of its e-commerce channel.

clock 13 December 2012 •

Investment

DWP sets AE earnings threshold at £9,440

The government has set the earnings threshold at which workers are auto-enrolled at £9,440 for 2013/14.

clock 13 December 2012 •

Investing in the profession

IFA: video will be my way to differentiate

Online videos will be the way one adviser plans to set himself apart from his peers in the New Year.

clock 13 December 2012 •

Investment

Adviser to launch ethical fund of funds

An IFA specialising in socially responsible investment (SRI) is launching an ethical fund of funds in the New Year.

clock 13 December 2012 •
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