News

Transact is reducing charges on median-sized portfolios by removing a number of price bands for clients with assets of up to £600,000.

Fidelity FundsNetwork has added fifteen funds to its Navigator managed solution.

The role of advisers must be a key focus for the Office of Fair Trading (OFT) market study into the workplace defined contribution (DC) pension market, according to Aegon.

Threadneedle parent company Ameriprise Financial is preparing an £800m bid for Scottish Widows Investment Partnership, according to reports.

The Isle of Man has signed two double taxation treaties (DTAs) continuing its programme of developing closer economic and taxation cooperation with other countries.

The blame for the erosion of trust in financial services must be laid at the feet of everyone involved in the sector, the Financial Conduct Authority's (FCA's) director of supervision has said.

The 'super-wealthy' paid 10% more tax last year as a result of HM Revenue & Customs (HMRC) high net-worth unit which netted the Exchequer an additional £220m, the Telegraph reports.

Better-off pensioners should pay tax at a similar rate to younger people on comparative incomes, according to the Fabian Society.

Peter Hargreaves is now the country's 47th richest person, with a fortune of more than £1.5bn, according to the 2013 Sunday Times Rich List.

The annuity market faces a ‘tipping point' as more ‘Middle Britain' savers could benefit from alternative retirement options, warns a new report.