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News

Tax Planning

Govt may rethink child benefit cut for high earners

Government plans to scrap child benefit for higher earners will be revised to protect families with stay-at-home mothers, David Cameron has hinted.

clock 13 January 2012 •

Economics / Markets

UK economy grew 0.1% in Q4 - NIESR

The British economy just managed to achieve growth in the fourth quarter of 2011, according to the National Institute of Economic and Social Research (NIESR).

clock 13 January 2012 •

Products

Lenders warned over unfair terms in interest-only contracts

The Financial Services Authority (FSA) has published guidelines to push lenders to simplify wording on mortgage contracts that permit switching consumers from interest-only to repayment mortgages.

clock 13 January 2012 •

Regulation

TSC: Lack of accountability 'plagued' FSA

The Treasury Select Committee (TSC) today highlights the FSA's swift dismissal last year of a proposal to delay the introduction of RDR as evidence of accountability and culture failings at the regulator, and said the same problems must not "plague" its...

clock 13 January 2012 •

Regulation

TSC says trade bodies must shout louder

The Treasury Select Committee (TSC) has told trade bodies to be more vocal with their concerns about regulators and urged the industry to be the drivers of better regulation.

clock 13 January 2012 •

Offshore Investment

Irish domiciled funds reach all time high

The assets of Irish domiciled investment funds have reached a record high and passed the €1 trillion mark.

clock 13 January 2012 •

Offshore Investment

Pioneer appoints country head for Switzerland

Rainer Lenzin will concentrate on developing and expand the position of Pioneer Investments in the country.

clock 13 January 2012 •

Adviser / Broking

BIBA to focus on broker regulation for 2012 - Manifesto

The British Insurance Brokers' Association (BIBA) will focus on 'proportionate and cost effective regulation' for members its 2012 manifesto has said.

clock 12 January 2012 •

Insurer

Groupama in the UK up for sale

Groupama is to sell its UK operation as the French insurer scrabbles to raise funds to shore up its EU debt position.

clock 12 January 2012 •

Income Protection

Majority of ESA medical reports 'seriously inaccurate'

Medical evidence used to decide claimants' eligibility for state benefits is frequently ‘seriously inaccurate', the Citizens' Advice Bureau (CAB) has revealed.

clock 12 January 2012 •
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