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News

Economics / Markets

UK plc bosses see payouts soar 187% in eight years

Average bonuses for directors of FTSE 350 companies soared by 187% since 2002, despite companies' share prices failing to follow suit, a new report has revealed.

clock 05 September 2011 •

Your profession

Beware: Massow returns to take your trail commissions

Ivan Massow, the entrepreneur who once ran the UK's 10th largest advice firm, is mounting a direct challenge to IFAs with a new online service to help consumers slash ongoing commission they pay for advice they no longer receive.

clock 05 September 2011 •

Economics / Markets

Darling trashes King's record at Bank; warns new powers a mistake

Alistair Darling has launched a scathing attack on Mervyn King's governorship of the Bank of England during the financial crisis - and warned the coalition government's decision to hand more power to the institution is a mistake.

clock 05 September 2011 •

Tax Planning

Wealthy face clampdown on offshore companies and trusts

HMRC is stepping up a campaign to target the super-rich by targeting people using overseas companies or trusts to hide property deals.

clock 05 September 2011 •

Regulation

UK banks face US lawsuit over toxic mortgage debt

RBS, HSBC and Barclays ignored warnings from third party advisers before selling on billions of dollars of toxic mortgage debt to Fannie Mae and Freddie Mac in the lead-up to the financial crisis, court papers have alleged.

clock 05 September 2011 •

ETFs

ETFs benefit from Swiss trading spike

In a generally busy month for trading, caused by market volatility, ETFs saw some of the largest rises in activity on the Six Swiss Exchange.

clock 02 September 2011 •

uncategorised

Bogus financial adviser jailed over £1.9m tax fraud

A bogus financial adviser who fraudulently manipulated his "clients'" pension funds to avoid paying tax of over ₤1.9m has been jailed at Hull Crown Court for three years.

clock 02 September 2011 •

PMI

Doctors fear private patient bias in 'high risk' NHS reforms

Government health reforms still pose an "unacceptably high risk to the NHS" and should be scrapped, according to the British Medical Association (BMA).

clock 02 September 2011 •

Economics / Markets

US economy still in crisis as job growth stalls

US markets fell over 2% in early trading today on the back of figures showing no jobs were created in August.

clock 02 September 2011 •

Term Assurance

Seven startling facts about longevity

A Swiss Re report examining the accuracy of mortality projection models includes several interesting facts about life expectancy. Here are a few of our favourties from that report (plus a few others from elsewhere).

clock 02 September 2011 •
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