News

A former IFA who was banned for incorrectly promoting unregulated collective investment schemes (UCIS) has warned an UCIS "arms race" is building up among some providers and advisers to pile investors into the high commission schemes before the introduction...

The Chancellor's decision to cut tax relief on high earners' pension contributions was "regressive" and the change puts catch up savers at a disadvantage, Rowanmoor's Robert Graves has said.

Firms and individuals are to be encouraged to self-report on instances of market abuse, a senior Financial Services Authority (FSA) figure has said.

Equity markets have been given a boost by the latest monthly jobs figures from the US which show a further fall in the unemployment rate in November.

Building society Nationwide has stopped offering pension advice and withdrawn its stakeholder product because it cannot facilitate adviser charging.

The Isle of Man government has confirmed that it will be adopting automatic tax information sharing arrangements with the United Kingdom.

Multi-asset managers are exploring alternative low-risk bond investments as they prepare their portfolios for a more constrained fixed income environment in 2013.

Steve Bee's J&rgonFree has collaborated with business consultant Cobia to launch an online service to help advisers benefit from social and digital media.

Advice firms must send the Financial Services Authority (FSA) data on all of their advisers' professional standards by the 29 January 2013.

Axa has announced its Architas fund range will be available on third-party platforms for the first time.