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News

Investment

Caerus appoints new chief operating officer

Caerus Capital group, the wealth management business, has appointed Lynn Smith as chief operating officer.

clock 23 January 2013 •

Income

OTS puts forward tax simplification proposals

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

clock 23 January 2013 •

Regulation

FSA appoints two non-exec directors to FSCS board

The Financial Services Authority (FSA) has appointed two new non-executive directors to the board of the Financial Services Compensation Scheme (FSCS).

clock 23 January 2013 •

Economics / Markets

Will the FTSE break through 6,200 today?

The FTSE 100 looks set to break the 6,200 level, the first time since May 2008, continuing the rally that has propelled markets since the beginning of the year.

clock 23 January 2013 •

Economics / Markets

MPC voices fears over sterling strength

The Monetary Policy Committee (MPC) voted unanimously to hold the bank rate at 0.5% at the last meeting, while all but one member voted to maintain the QE programme at £375bn.

clock 23 January 2013 •

Regulation

Porteous: FCA will be a 'valuable resource' for advisers

The regulator's vastly improved thematic communication and knowledge sharing means advisers should view it as a valuable resource, according to RSM Tenon's head of wealth management John Porteous.

clock 23 January 2013 •

Economics / Markets

Barclays plans 'severe' job cuts - reports

Barclays has threatened "substantial" job cuts in its London investment bank, ahead of a review of its operations by new chief executive Antony Jenkins.

clock 23 January 2013 •

Investment

One in five will retire in debt this year

Nearly one in five of those planning to retire this year will have debts averaging £31,200, according to Prudential.

clock 23 January 2013 •

Wrap/platforms

HMRC may tax platform rebates in latest crackdown

HM Revenue and Customs (HMRC) is considering taxing fund rebates paid by platforms to consumers in the latest crackdown on the payments.

clock 22 January 2013 •

Alternative Investments

VCT flows could halve if caught by UCIS ban - AIC

The Association of Investment Companies (AIC) has warned venture capital trust (VCT) fundraising will halve next year, if the vehicles are not granted an exemption from the Financial Services Authority's (FSA's) sales ban on unregulated collective investment...

clock 22 January 2013 • 2 min read
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