News

Her Majesty's Revenue and Customs (HMRC) is heavily scrutinising client engagement letters for evidence of tax evasion, a leading tax lawyer has warned advisers.

HM Revenue & Customs (HMRC) chief executive and permanent secretary Dame Lesley Strathie is stepping down from her role because of ill health.

Julian Adams, director of the Financial Services Authority's (FSA) insurance division and soon to be in role at the Prudential Regulation Authority (PRA), has moved to address concerns that the new regulator would be overseeing the banking and insurance...

Patrick Evershed has claimed investors in New Star's Property fund lost millions of pounds after the group continued to advertise the fund despite warnings from its property team that prices were over-inflated.

Aviva and Legal & General are to provide life and general insurance products for Barclays Bank UK Retail customers.

Most parents and grandparents would be comfortable releasing up to £10,000 from their homes to help their offspring, research suggests.

The Bank of England (BoE) has kept interest rates at the historic low of 0.5% for the 33rd straight month, and held fire on additional quantitative easing measures after pumping an extra £75bn into the facility last month.

Pensions minister Steve Webb has highlighted the role of IFAs in making pensions reform a success, but said he anticipated it would be difficult communicating the changes to the public.

Pensions minister Steve Webb has hinted at the potential development of a national transfer system to help consolidate small pension pots.

Zurich has urged advisers to be prepared for the impact of gender neutrality on their clients and business.