News

Leeds-based IFA Lampott Ltd must defend a £2m claim for damages at the High Court, after it invested more than a third of a company pension scheme in failed life settlement firm Keydata.

The Pensions Regulator (TPR) has laid out six principles for defined contribution (DC) pensions to address the current "mixed" standards across the market.

The Treasury has delayed reform to the statutory residence test while it assesses the wide variety of views it has received from the industry.

The Tax Incentivised Savings Association (TISA) has welcomed Treasury proposals which will give investors affected by the failure of financial firms the opportunity to use compensation to top up their ISAs beyond the current subscription limits.

Almost a third of discretionary fund managers (DFM) cannot deal with direct investments into structured products, according to an analysis of the market.

The run-up to the US elections and the international investment markets of Asia and Latin America offer hope to investors in 2012, says J.P. Morgan Asset Management

Dubai-based financial advisers, Globaleye, is launching a recruitment drive for advisers and opening an office in Manchester.

The Treasury is expected to close a loophole that allows wealthy individuals to avoid paying stamp duty on expensive property transactions in draft legislation for the Finance Bill today.

Leading fund managers, including L&G and Jupiter, have stepped up their attack against huge pay rises at the UK's biggest banks.

The Financial Services Authority (FSA) is to conduct a review into the sale of unregulated collective investment schemes (UCIS) early next year.