News

Advisers have relied too much on mortgages and should be exploiting the opportunities in protection, said a top mortgage boss.

European markets rallied late on Friday as Italy approved new austerity measures, a move which is set to precede the resignation of Prime Minister Silvio Berlusconi.

Choosing the right provider is key to advisers considering the business protection market Defaqto has said in a new guide to the sector.

Figures from the Government Statistical Service (GSS) have shown no increase in cancelled operations over this time last year.

The newly formed wealth management group will use cutting edge technology and a contemporary approach to financial advice.

Ratings agency Standard & Poor's (S&P) was last night at the centre of a storm after it accidentally downgraded France's AAA rating.

The Financial Services Compensation Scheme (FSCS) has begun reimbursing firms some or all of their share of a £326m interim levy after they successfully applied for a refund.

Star fund manager Patrick Evershed said he raised concerns with the FSA about allegations its staff bonuses are tied to the regulator's relationships with institutions, in the latest twist during his employment tribunal.

Business leaders will today make a fresh plea to George Osborne to scrap the 50p rate of income tax and increase personal allowances to protect the British economy from the worst of the eurozone crisis.

Film tax relief, the Government's targeted tax break for the British film industry, has been extended until the end of December 2015.