News

Continuing with its programme of developing closer economic and taxation co-operation with other countries, the Isle of Man has announced the signing of a Tax Information Exchange Agreement (TIEA) and a Joint Declaration with the Czech Republic.

Blackrock reports there were US$85.7m net inflows to STOXX Europe 600 sector ETFs during the first week of July, while LaBranche states that Gold ETFs witnessed the largest weekly increase since May 2010 from 1.15m oz to 67.58m oz.

Rupert Murdoch insisted he bears no responsibility for the phone-hacking scandal which has enveloped his empire in a dramatic evidence session in Parliament, during which a member of the public attacked him.

The threat of a stock market crash has risen to a "one in three" chance, the chief executive of the respected Centre for Economics and Business Research has warned.

The pensions advice community has rejected calls for the outright banning of some trail commission payments.

Personal pension 'churning' for higher commissions is still occurring among IFAs, according to a report published today which has been discredited by the trade body representing independent practitioners.

The government has extended its NHS choice agenda to include community and mental health services.

Simplyhealth has appointed a new underwriting and pricing director.

The IMA is to monitor the holdings of funds in the Money Market sector for the first time, in line with new FSA and European requirements.

The Treasury today set out the government's progress on public service pension reform - announcing consultations and plans for talks with unions.