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News

Your profession

Amended auto-enrolment regulations published

Revisions to the regulations governing automatic enrolment have been released following the conclusion of a Department for Work and Pensions consultation.

clock 02 February 2012 •

Investment General

Facebook unveils plans to launch $5bn IPO

Facebook's long-anticipated initial public offering will see it look to raise $5bn in a listing expected to value the company at up to $100bn.

clock 02 February 2012 •

Economics / Markets

UK faces two-year recession if euro fails - papers

A eurozone meltdown would plunge Britain back into a two-year recession and send unemployment soaring above 10%, the Institute for Fiscal Studies (IFS) has warned.

clock 02 February 2012 •

Offshore Investment

Sub-trend growth predicted for the US

J. P. Morgan Asset Management's US Equity Income Fund portfolio manager, Clare Hart is forecasting that the US will continue to experience sub-trend growth over the next one to two years, but that a recession will be avoided.

clock 02 February 2012 •

Offshore Investment

European bond markets show signs of stability

Despite the recent downgrades by Standard & Poor's and Fitch, Royal London Asset Management reports that a relative stability has settled over European government bond markets as risk assets rally.

clock 02 February 2012 •

TCF

Cameron endorses bonus culture as "pro-aspirational"

Prime minister David Cameron today endorsed the bonus culture in banks whilst under pressure from the Opposition to tackle excessive pay.

clock 01 February 2012 •

Investment

More advice to be VAT exempt under latest HMRC rules

Guidance issued today by HMRC appears to extend the scope under which advice services will be exempt from VAT post-retail distribution review (RDR).

clock 01 February 2012 •

Critical Illness

Zurich pays 92% of CI claims

Zurich has revealed it paid 92% of critical illness (CI) claims last year.

clock 01 February 2012 •

PMI

Defaqto introduces PMI ratings

Defaqto has released its Star Ratings for private medical insurance (PMI) for the first time.

clock 01 February 2012 •

Tax Planning

IFS says child benefit reforms are 'bizarre and damaging'

The government's proposed reforms to the child benefit system would create effects that are "bizarre and economically damaging", the Institute for Fiscal Studies (IFS) has said.

clock 01 February 2012 •
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