News

Capital gains tax (CGT) makes up a significant portion of the tax paid unnecessarily by consumers each year, research suggests.

Jupiter's Merlin multi-manager team has said yields on 10-year UK and US government debt could fall well below existing record lows if markets continue to price in a Japan-style economic outlook.

Almost half of Openwork's advisers have moved onto its protection panel since it launched 12 months ago.

Lighthouse group has set aside £2.5m to cover expected mis-selling claims from clients and closure costs as it winds down one of its adviser network businesses.

ETP assets decreased during August as low inflows, combined with market events, knocked US$68bn off the global market, BlackRock reports.

Nationals round-up: ETFs came under the microscope following the UBS scandal, while downturn-beating funds, retirement income and Halifax's savings accounts also featured.

Source and Pimco have added to their range of joint ETFs with the listing of the Pimco Emerging Markets Advantage Local Bond Index Source ETF.

The Financial Services Authority (FSA) has formally accredited six professional bodies, meaning they can begin issuing Statements of Professional Standing (SPS), a mandatory form of practicing certificate for advisers.

The Welsh Church has granted equal pension rights to the civil partners of clergy members.

AIB International Savings has launched today following Anglo Irish Bank (International) becoming a wholly owned subsidiary of Allied Irish Bank earlier this year.