News

Retirement and long term care specialist Partnership Assurance will be the subject of a bidding war with a price tag in the region of £750m, according to reports.

Swiss banking giant UBS has raised its estimate of the losses allegedly caused by rogue trader Kweku Adoboli to $2.3bn (£1.5bn).

Tim Tookey, Lloyds' finance director, is to resign to become chief financial officer at Friends Life.

More than 2,000 extra tax inspectors will be recruited to crack down on tax evasion among the UK's most wealthy, chief secretary to the Treasury Danny Alexander has said.

Scrapping the 50p top rate of income tax would be "morally repugnant" and "economically witless", Liberal Democrat president Tim Farron told his party's conference in Birmingham.

The FSA and the Swiss Financial Market Supervisory Authority (FINMA) are launching an independent investigation into the events surrounding the huge trading losses incurred by UBS, allegedly as a result of the actions of 'rogue trader' Kweku Adoboli....

City of London police have charged UBS trader Kweku Adoboli with fraud in relation to the $2bn loss at the bank, and he has hired the same law firm which defended Barings bank rogue trader Nick Leeson to defend him.

Good afternoon readers - below are five key articles from this week's IFAonline.co.uk...

Unmodelled aspects of longevity could invalidate insurer's predictions for policy pricing, reinsurer RGA has said.

Employee benefit consultant Bluefin Corporate has launched Retirement Gateway, a suite of tools to help employees plan their retirement.