News

Legal & General has warned that advisers could be vulnerable to complaints action is they fail to ensure that business protection clients have completed the correct legal paperwork.

Billionaire investor George Soros has lost his appeal to have a 2002 conviction for insider trading of Société Générale shares thrown out.

Bank of England governor Mervyn King has described the current financial crisis as the "most serious" the UK has seen for at least 80 years.

The Financial Services Authority (FSA) is pressuring the government to increase the compensation liability on firms giving poor advice, a law firm warns.

Index-based volatility reduction strategies are gaining popularity with ETF providers and investors, according to Standard and Poor's.

Nick Anderson, head of compliance and risk at IFA Towry, has made a shock departure from the firm a week after it was fined nearly half a million pounds for misleading the Financial Services Authority (FSA).

Personal Touch Financial Services is rolling out its own risk profiling asset allocation tool to its independent financial adviser (IFA) members, after warnings from the Financial Services Authority (FSA) about other tools in the market.

Today's tax deal between the UK and Switzerland, designed to recoup £7bn from Brits with funds in Swiss bank accounts, is "unrealistic", according to accountants Baker Tilly.

Investment into cash and money market funds more than doubled in the third quarter amid stock market volatility, according to the latest sales trends on Skandia.

Pension funds are calling for an urgent meeting with The Pensions Regulator to discuss ways of protecting UK schemes from the negative effects of quantitative easing, after the Bank today expanded the programme by £75bn.