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News

Economics / Markets

Markets fall as EU treaty hopes wane

Markets around the world closed down overnight as further signs European leaders will fail to agree a new treaty emerged.

clock 14 December 2011 •

Investment

RBS 'adviser' sold dying man £500k annuity he never received

An 80 year old man suffering from cancer lost £500,000 after a Royal Bank of Scotland adviser sold him a pension from Aviva, which saw the insurer keep almost all of the money as he died before it began paying an income.

clock 14 December 2011 •

Global

Fed holds fire on further policy action

The Federal Reserve has opted to leave monetary policy unchanged and continue with Operation Twist at least until the new year, amid signs the world's largest economy has been expanding.

clock 14 December 2011 •

Regulation

Goodwin could face criminal charges after FSA verdict

Sir Fred Goodwin could face criminal charges after the FSA's report into the collapse of the Royal Bank of Scotland (RBS) suggested the bank's directors broke Britain's accountancy laws.

clock 14 December 2011 •

uncategorised

Retirees 60% worse off as gilt yields fall to historic lows

Pensioners retiring today are 62% worse off than those who retired 20 years ago because of falling gilt yields.

clock 14 December 2011 •

Investment

FSA boosts staff since financial crisis

The Financial Services Authority has boosted its staff numbers since the financial crisis, when just four and a half employees were tasked with regulating the Royal Bank of Scotland.

clock 14 December 2011 •

Economics / Markets

MPC's Dale: Inflation will fall to 3% by March

Bank of England chief economist Spencer Dale has predicted inflation will fall to around 3% early next year and is confident the latest round of quantitative easing will prop up the economy.

clock 14 December 2011 •

Group

Simplyhealth produces tax support for company healthcare benefits

Simplyhealth has produced guidance for employers about the tax implications of providing health benefits to staff.

clock 13 December 2011 •

Regulation

HMT: Gender neutrality to cut insurance sales

Introducing gender-neutral rates will result in premium hikes for life insurance and critical illness (CI), HM Treasury has warned.

clock 13 December 2011 •

Investment General

Law firm offers free advice to Arch Cru investors

Law firm Pannone is offering pro bono legal advice to Arch Cru investors to help them recover the millions of pounds lost in the fund range.

clock 13 December 2011 •
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