News

US and Asian equity markets rallied overnight as talk of US politicians reaching a deal to avert the fiscal cliff helped sooth investor worries.

The Investment Management Association (IMA) has written to HM Revenue & Customs (HMRC) to express its concerns over the "continued uncertainty" for companies trying to comply with the Foreign Account Tax Compliance Act (FATCA).

Derbyshire-based financial planners, Freedom Financial Planning, is to offer free financial advice to a local school in aid of Financial Planning Week.

A high court judge has ruled against the 22 pension funds attempting to sue Henderson Equity Partners for allegedly breaching the mandate for its Private Finance Initiative Secondary Fund II.

London & Colonial has launched a Multi -Platform self-invested personal pension and an Open Annuity today.

Canada Life has confirmed its approach to annuity rate pricing ahead of the introduction of gender equalisation legislation.

An Edinburgh-based IFA firm has taken a leap into online video in order to better communicate with potential clients.

Few people are prepared to save enough of their salary in a pension to achieve a comfortable retirement despite knowing the 8% auto-enrolment minimum is not enough, a Friends Life survey has found.

Stephen Womack, personal finance correspondent at the Financial Mail on Sunday, is to leave and become a financial adviser.

An IFA who was part of failed network Honister Capital says some providers refused to take his calls when the business went into administration in July, leaving him unable to keep clients informed about their investments.