News

Advisers have been warned that failure to set up trusts correctly could land their clients - and themselves - in hot water.

Deputy prime minister Nick Clegg has suggested the Budget 2012 will contain new rules to tackle tax dodging by the rich.

A trial date for the recovery of assets of Joe Ezaz, the former senior partner of a law firm who is accused of misappopriating €9.8m of investors' cash in the Stirling Mortimer Global Property fund, has been set.

Five major providers have joined forces to agree a "shared" approach to facilitating adviser and consultancy charging.

Individuals have until the end of January to file their tax returns for the year ended 5 April 2011. Baker Tilly outlines five tips to avoid unnecessary penalties or charges...

The Financial Services Compensation Scheme (FSCS) has begun the process of compensating MF Global customers, with private customers with individual accounts the first to receive application forms.

The Federation of European Independent Financial Advisers (FEIFA) has joined forces with Financial Express, a leading provider of investment data, to offer its members an online fund research and monitoring tool, Analytics.

Guernsey-based Skipton International has kicked off the new year by launching a 180 day sterling notice account. Advisers' clients will need to make a minimum deposit of £10,000 to open an account.

International investors are buying record amounts of UK government bonds as the Bank of England's £75bn QE programme spurs demand, with the yield on the ten-year gilt hitting a new record low.

There are close to 600,000 'millionaire households' in the UK, according to the latest estimates, but, as a share of total households, Britain lags Ireland, Kuwait and Taiwan.