News

The Isle of Man has received the Royal seal of approval for its Foundations Act. This latest piece of legislation adds to the Island's offering as a centre for international wealth management, and puts it ahead of other centres who have still to usher...

Jim O'Neill, the head of Goldman Sachs Asset Management, has predicted China could overtake the US as the world's largest economy by 2027 and urged a rethink of the G7 away from domination by the West.

Royal Bank of Scotland is facing legal action over the collapse of MF Global after two pension funds accused the bank of making misleading statements about the broker's $6.3bn (£3.9bn) exposure to European sovereign debt.

A Barclays manager and a personal banker have been jailed for a £1.4m fraud of elderly customers, in a crime linked to organised gangs.

Taxpayers will underwrite mortgages totalling hundreds of millions of pounds under government plans to "unblock" the housing market and revive the flagging economy.

Phoenix Group, the closed ended fund consolidator, is considering a takeover offer, believed to be around £1bn, from private equity firm CVC Capital Partners after a bid from rival Resolution fell through.

Aviva Investors' Justin Onuekwusi has increased his exposure to risk assets across his multi-asset portfolios in recent months, including taking his first positions in high yield debt.

Volatile market conditions have presented a unique opportunity to gain exposure to assets previously considered "toxic", according to David Coombs, head of multi-asset management investments at Rathbones.

The sickness absence review is expected to call for a government funded panel to judge people's ability to work, taking the responsibility away from doctors.

Simplyhealth believes the NHS is crumbling and now is the best chance to change the structure of the country's healthcare system in the last 50 years.