News

Shares in 'zombie' fund specialist Phoenix Group rose yesterday on the back of a proposed takeover offer from private equity firm CVC Capital Partners.

Our round-up of Tuesday's national newspaper headlines...

Asian stocks fell overnight after a US congressional committee charged with reducing the nation's deficit failed on Monday to agree on cuts.

Paradigm Group is in talks with Honister Capital to acquire the IFA network.

US shares plunged at opening ahead of an expected announcement politicians have failed to agree a deal to cut the US' sprawling budget deficit.

Advisers across the health and protection sector have been divided over the unveiling of a new Chartered Insurance Institute (CII) qualification for the market.

People should collect Employment Support allowance (ESA) after a Work Capability Assessment (WCA) the Sickness Absence Review has concluded.

The Government should set up an Independent Assessment Service (IAS) to sign people sick off work, the Sickness Absence review has concluded.

Red tape will cost the City up to £1.4bn a year from now on, according to Financial Services Authority figures.

Pension fund managers are creating £3.1bn in undisclosed extra costs to consumers by excessively trading assets, new research has suggested.