News

IFA consolidator Perspective Financial Group has acquired Gateshead-based adviser Vivienne Shepherd, and plans to integrate the practice into one of its existing Newcastle businesses, Rutherford Wilkinson.

Dubai Financial Services Authority (DFSA) has signed a protocol agreement with the US' Public Company Accounting Oversight Board (PCAOB) which signals a closer working relationship between the two countries.

It's our roundup of the stories your clients may have read in the national newspapers over the weekend...

HM Treasury is pressuring the US government to "carve out" low-risk institutions from FATCA, ahead of a draft paper due this week.

The Pensions Ombudsman has found in favour of Friends Life after a consumer had complained it misled him about the nature of its treatment of additional voluntary contributions (AVCs).

Brett Williams, the former head of platforms Cofunds and Skandia, has launched a private equity firm with targets including financial services groups.

Aegon has appointed Martin Coyle, previously business development director at Axa Wealth, as head of platform sales as the insurer gears up to launch its workplace proposition in the first half of the year.

The 50p top rate of tax is "unlikely" to be axed in the current financial climate, the mayor of London has said.

The Financial Services Compensation Scheme (FSCS) is warning consumers against using claims management companies to retrieve money from mis-sold payment protection insurance (PPI).

Chancellor George Osborne has described as "sensible" the decision by RBS chief executive Stephen Hester to reject his bonus.