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News

Economics / Markets

STEP launches tax avoidance awareness programme

The Society of Trust and Estate Practitioners (STEP) has a released a programme that aims to strengthen national tax systems and fight abusive tax avoidance.

clock 27 July 2012 •

Your profession

PFS appoints board adviser

The Personal Finance Society (PFS) has appointed Sharon Sutton as an adviser to its board.

clock 27 July 2012 •

Economics / Markets

King: policymakers not 'bad' bankers caused crisis

Governor of the Bank of England, Sir Mervyn King, has admitted major mistakes were made by economic policymakers during the financial crisis.

clock 27 July 2012 •

Equities

Equities rally as ECB pledges to save euro

European stocks are climbing after a four day sell-off, following a pledge from European Central Bank president Mario Draghi that the ECB will "do whatever it takes to preserve the euro".

clock 26 July 2012 •

Regulation

Ex-Tenet chairman hits out at FSA over 'Kafkaesque' behaviour

The former chairman of Tenet Group has criticised the Financial Services Authority (FSA) over its ‘Kafkaesque' behaviour in blocking the company's finance director from obtaining a significant influence function (SIF).

clock 26 July 2012 •

Your profession

Skandia to allow Honister bulk transfers

Skandia is to facilitate bulk transfers of business for ex-Honister advisers who have been reauthorised under a new firm.

clock 26 July 2012 •

Regulation

High Court shuts down £3.2m land banking scheme

The High Court has ordered two related companies into liquidation for their roles in a £3.2m land banking scam.

clock 26 July 2012 •

Investment

Updated adviser charging guidance released by HMRC

Adviser charging for personal and group personal pensions can be applied general pensions advice, including annuity choice or drawdown, according to guidance from HM Revenue & Customs (HMRC).

clock 26 July 2012 •

Equity Release

Aviva expands equity release pilot

Aviva is set to expand its equity release pilot scheme, following a successful trial period earlier this year.

clock 26 July 2012 •

Your profession

Openwork confirms redundancies in cost-cutting drive

Multi-tie mortgage and financial advice network Openwork has made several redundancies, including mortgage relationship manager Karen Hedges, as part of a cost-saving initiative.

clock 26 July 2012 •
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