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News

Economics / Markets

UK back in recession with -0.2% growth

The UK economy contracted by 0.2% in the first quarter of the year, meaning it has slipped back into technical recession, preliminary estimates from the Office for National Statistics (ONS) show.

clock 25 April 2012 •

Offshore Investment

Guernsey loses argument on zero-10 regime

Guernsey's zero-10 regime has been deemed "harmful" by the EU's Code of Conduct Group on Business Taxation.

clock 25 April 2012 •

Offshore Investment

HSBC Middle East opts for local merger

HSBC Bank Middle East has entered into an agreement to merge its Oman branch with Oman International Bank (OIB), in a deal which will see HSBC hold 51% of the combined entity and retain management and board control.

clock 25 April 2012 •

Equities

Apple shares rocket as profits smash Wall St forecasts

Apple has seen its quarterly profit almost double, rocketing past analysts' forecasts and allaying fears of limited future sales of the iPhone.

clock 25 April 2012 •

Investment

Morris 'instigated' £52m pension scheme fraud

Tony Morris was a "deeply involved central figure" in the alleged £52m GP Noble pension scheme fraud and instigated the illegal transfer of funds, a court has heard.

clock 25 April 2012 •

Investment

Standard Life platform assets up 26%

Standard Life's retail platform assets rose 26% in the first quarter of the year compared with the same period in 2011, as the group added an extra 41 adviser firms on its wrap.

clock 25 April 2012 •

uncategorised

Extended working lives to become the norm

Almost half of workers aged over 50 will have to work an additional 11 years post-state retirement age to replicate their current living standards in retirement, research has shown.

clock 25 April 2012 •

Regulation

FSA to add three more quals to TC sourcebook

The FSA is looking to add three more qualifications to its training and competence (TC) sourcebook.

clock 25 April 2012 •

Investment

RP Poll: Equity release growth

In this week's quick fire poll, we ask: Recent SHIP figures show equity release is experiencing some growth and this is expected to increase as more baby boomers retire without sufficient savings. If this growth continues, would you move into advising...

clock 24 April 2012 •

uncategorised

Three things we learned this week

Retirement Planner's round-up of the top pension stories this week.

clock 24 April 2012 •
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