News

George Osborne is expected to crackdown on tax avoidance by the wealthy and aim help at commuters, motorists and small businesses in this week's Autumn Statement, acording to reports.

Axa has said it is considering a sell-off of the advice business it owns, Bluefin Advisory Services.

Pensioners may be forced to move drawdown provider as many are behind legislative changes, says Hargreaves Lansdown.

Dilnot was backed by the House of Lords yesterday, as Society of Later Life Advisers (SOLLA) president Lord Lipsey warned the report's care cost cap proposals were in "danger of going down the pan."

Investors have accumulated the largest-ever gold hoard this week as Europe's deteriorating debt crisis has prompted investors to flock to safe havens.

Cofunds is urging the FSA to clarify its stance on legacy commission following confirmation the regulator is pushing ahead with a proposed ban on the payments.

Ashcourt Rowan Asset Management has announced its Managed Portfolio Service is available on the Ascentric wrap.

Leading product providers have revealed plans to increase their of direct business operations as they expect up to 10% of advisers to leave the industry due to RDR, according to confidential discussions with researchers.

A Poole-based IFA has expressed anger at lawyers for the FSCS for apparently mistakenly including the name of his firm on a list of businesses the scheme may pursue for money it paid out to Keydata investors.

Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.