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News

Investment

True Potential rolls out life planning tool on platform

Financial services and platform provider True Potential has made a lifestyle planning tool available to its 4,000 IFA users.

clock 02 March 2012 •

Income

Pension tax relief could soar as auto-enrolment kicks in

The Treasury could be straining its coffers as auto-enrolment means more people than ever before will be subject to pension tax relief.

clock 02 March 2012 •

Income

TOMAS improves annuity offering 'Assist'

The Open Market Annuity Service (TOMAS) has upgraded its online annuity ‘assistant' to improve its service for retirees with small pots.

clock 02 March 2012 •

Europe

Greek default fears reignited as eurozone stalls bail-out

Eurozone members have delayed the approval of more than half of the €130bn loan for Greece, raising fears the troubled economy will officially default.

clock 02 March 2012 •

Investment General

UK's failed banks make £1bn profit

The UK's failed lenders, Northern Rock and Bradford & Bingley, today reported total profit for 2011 had surged 145% to almost £1.1bn.

clock 02 March 2012 •

Offshore Investment

Russian equity valuations attract HSBC

Russian equities currently represent the largest overweight position in the Luxembourg-domiciled HSBC GIF BRIC Equity Fund and in other broader HSBC emerging market portfolios.

clock 02 March 2012 •

Offshore Investment

The latest international appointments

Pictet strengthens emerging market team and three new directors join Royal Bank of Canada Wealth Management to target the high net worth sector, including UK resident non-domiciled clients.

clock 02 March 2012 •

Tax Planning

Tax 'wastage' this year to top £12bn - report

British taxpayers have wasted £88.6bn in tax relief over the last decade, and will waste a further £12.6bn in 2012 alone, a new report suggests.

clock 02 March 2012 •

Wrap/platforms

Skandia pulls plug on platform comparison service

Skandia has removed a price comparison service from its PlatformWatch tool due to "lack of cooperation" from other platforms.

clock 02 March 2012 •

Employee Benefits

Aviva unveils auto-enrolment proposition

Aviva has become the latest major insurer to reveal the details of its auto-enrolment proposition, as well as a separate workplace savings platform.

clock 02 March 2012 •
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