News

The government is planning an overhaul of the way it grants tax relief on pensions which will cost the pension industry, employers and the government "hundreds of millions", an expert has warned.

Mayor of London Boris Johnson has written to The Prudential in an attempt to convince the insurer not to relocate its headquarters to Hong Kong.

The Financial Services Authority (FSA) has proposed a set of rules dictating how firms which sold payment protection insurance (PPI) must contact potential mis-selling victims to inform them of their rights.

A shadow minister has pulled back from an attempt to amend legislation to ensure Financial Services Compensation Scheme (FSCS) costs are minimised.

Collins Stewart Wealth Management (CSWM) has launched a portfolio construction framework it claims addresses the major shortcomings of traditional risk management processes.

The latest Guernsey fund figures represent a year on year rise of 1.6% but the second consecutive quarterly drop in the value of the island's fund business following eight straight quarters of growth.

Two men have been convicted of taking part in the UK's largest ponzi scheme which duped a former England cricketer and resulted in investors losing £115m.

A "disorderly" default in Greece could cause more than €1trn (£833bn) damage to the eurozone, a confidential report has warned.

Developed in collaboration with Pacific Prime Insurance Brokers, the facility allows expats to freeze their own personally funded health insurance plan if they become eligible for an employer funded plan, with the ability to re-activate it up to 5 years...

China has cut its annual economic growth target for the first time in eight years, lowering its forecast to below 8% for the first time since 2004.