News

Almost one in ten people earning over £10m per year pays less than the 20% basic rate of income tax, according to Treasury figures.

Standard & Poor's (S&P) has reaffirmed its AAA credit rating for the UK and forecasts the government's net debt burden will peak next year.

Royal London Asset Management has been appointed to run a bond mandate for the National Employment Savings Trust (NEST).

Personal pension providers are exposing policyholders and millions of future auto-enrolled workers to significant governance failures, a lobby group has warned.

Nucleus has appointed Faith Liversedge to the newly-created position of IFA communications manager.

Wrap platform Nucleus has turned a quarterly profit for the first time.

Seven industry bodies have written to Steve Webb strongly criticising the government's proposals on Guaranteed Minimum Pension equalisation and calling for equalisation guidance put forward in January to be scrapped.

Police are investigating a US financial adviser who allegedly donated hundreds of thousands of dollars to a religious sect on behalf of a senile client.

Corporate wraps giving 'blue collar' workers access to self-invested personal pension (SIPP) products will never break through traditional barriers like employee engagement, according to LV=.

The Financial Services Authority (FSA) should extend its guidance on investment-switching suitability to consider volatility and risk, according to Skandia Investment Group.