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News

Regulation

Former Lighthouse CEO backs rebel shareholders

A former chief executive of The Lighthouse Group has joined the growing number of shareholders that say they will not vote in favour of the Lighthouse directors' proposal to delist from AIM.

clock 25 July 2012 •

Tax Planning

NS&I backed over '100% safe' radio ad claim

The Advertising Standards Authority (ASA) will not take action against National Savings & Investments (NS&I) over one of the Treasury-backed agency's radio advertisements, following a complaint from a listener.

clock 25 July 2012 •

uncategorised

TPR intervention sparks £18m pension liberation court battle

Two pension liberation schemes, which extracted £18m from retirement funds, have been taken to the High Court after intervention by The Pensions Regulator (TPR).

clock 25 July 2012 •

Economics / Markets

UK GDP sees shock 0.7% contraction in Q2

The UK economy shrank by 0.7% in the second quarter of the year, a far worse contraction than economists had forecast, keeping the UK mired in recession.

clock 25 July 2012 •

Economics / Markets

Will UK GDP figures confirm longest recession since WWII?

GDP data released today is expected to paint a miserable picture for the UK economy, with a contraction in growth forecast for the second quarter.

clock 25 July 2012 •

Regulation

Turner interested in Bank of England top job

Chairman of the Financial Services Authority (FSA) Lord Turner is interested in becoming the next governor of the Bank of England, The Times reports.

clock 25 July 2012 •

Pensions

More SIPP regulation will increase costs - AMPS

Regulations should crack down on the promotion of unregulated investments rather than increase elf-invested personal pension (SIPP) red tape, a trade body says.

clock 25 July 2012 •

Investment

Soaring pension costs hurting business - CBI

The government must act to curb soaring cost of funding occupational pension schemes which is harming businesses' ability to invest and create jobs, employers have said.

clock 25 July 2012 •

uncategorised

Equity release at highest level since 2009

Equity release advances have increased to the highest level in two and a half years according to the Equity Release Council (ERC).

clock 25 July 2012 •

Investment

Barclays hires banker to review culture

Barclays has hired an investment banker to lead an independent review of its culture, as the bank tries to clean up its image following the LIBOR scandal.

clock 24 July 2012 •
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