News

The Financial Ombudsman Service (FOS) has today warned consumers of fraudulent emails claiming to be from members of its staff.

The government's general anti-abuse rule (GAAR) targeting abuse of the tax system could hand HM Revenue & Customs discretionary power "at odds with the rule of law", a lawyer has warned.

The number of people in the UK working beyond state pension age has almost doubled over the last 20 years according to figures released by the Office for National Statistics.

The Pensions Regulator (TPR) has published a list of key features that defined contribution (DC) schemes "need to be able to demonstrate" to show they will deliver good outcomes for savers.

A Conservative peer has drawn parallels between the collapse of Arch Cru and the Bernie Madoff scandal, stressing the need for the regulator to do more to protect consumers.

The Mixed Investment 20-60% Shares sector continued to prove popular with investors in May, figures show.

Standard Life has launched an online toolkit aimed at helping employers and advisers plan for auto-enrolment compliance.

Guernsey Finance hopes to tempt US fund managers and advisers to Guernsey as a domicile for private equity funds business and a gateway to European capital markets.

Channel Islands law firm Carey Olsen plans to extend its legal advice services to the Cayman Islands and the British Virgin Islands (BVI).

Private client wealth manager Brooks Macdonald Asset Management has linked with online portal Money-info.