News

The Treasury is under so much pressure it should consider getting funding directly from the financial services industry, former cabinet secretary Gus O'Donnell has said.

A new standard in financial planning will help bring together a fragmented industry - including restricted and bank advice - its creators have claimed.

An IFA comparison site has widened its scope to allow any clients to leave ratings and comments about their adviser.

The yield on Spanish government debt is racing higher this afternoon despite the move by the European authorities to spend €100bn bailing out the country's banking system.

Astute Financial Planning has become the latest firm to join the Institute of Financial Planning's (IFP) accredited firms register.

The Financial Services Authority (FSA) will release its final consultation paper on the platform market before the Olympics begins, Investment Week understands.

Alliance Trust Savings has sold its small self-administered scheme (SSAS) business to Xafinity's specialist arm, Hazell Carr SSAS.

More than 2,400 people have registered to disclose unpaid tax under the Liechtenstein Disclosure Facility (LDF) with £363 million already paid in tax bills, according to HM Revenue and Customs (HMRC).

Guernsey-based Dexion Capital and RBC Wealth Management make appointments.

Cambridge Local Government Pension Fund and Trinity Hall, University of Cambridge, have launched Cambridge & Counties bank.