News

The current crisis in Spain will result in Spanish bank bondholders taking severe haircuts, after a similar scenario in Ireland last year, Henderson Global Investors says.

The UK's inflation rate posted another surprise drop in May, falling to 2.8%, as the lack of activity in the UK continues to bring prices down sharply.

Skandia International has announced its latest market offering - a "simplified" QROPS arrangements across multiple jurisdictions.

Passport2Health, a recent newcomer to the private healthcare insurance market, says it will challenge the high cost of traditional PMI with its latest package of treatment which combines private UK diagnostics with private medical treatment abroad.

Following The Solicitors Regulation Authority's announcement that it will launch a consultation into adviser referrals, one adviser letter to the body urges it to carefully consider the case for restricted advice.

Thousands of rich people in the UK are paying 1% income tax using "below the raider" accounting methods, according to an investigation by The Times.

Hector Sants has warned London's position as a global financial Centre is under threat due to the UK financial sector not rethinking its business models quickly enough in the face of political upheaval and regulatory change.

The majority of people who have not started saving for a pension blame lack of confidence, rather than unwillingness to save as the reason for delaying, research has found.

The industry must automate the decumulation phase of defined contribution schemes, National Association of Pension Funds chief executive Joanne Segars says.

The Serious Fraud Office (SFO) has dropped its probe into property tycoon Vincent Tchenguiz, following an investigation which was branded "incompetent" by a High Court judge.