News

New regulations affecting financial advisers in New Zealand come into effect this Friday, with reports up to 300 financial advisers will be forced out of business as a result.

The prime minister will today wade into the debate over public sector pension reform, urging unions to call off strikes planned for Thursday.

MPC dove Adam Posen has blasted as "nonsense" criticism of Britain's soft interest rate policy from the world's central bank.

The government has agreed to discuss reforms of the local government pension scheme (LGPS)separately from other public sector schemes after unions condemned its planned one-size-fits-all approach.

Old Mutual Asset Manager's Stuart Cowley and Fidelity's Trevor Greetham have clashed over the success of the measures being undertaken to aid the recoveries in the UK and US.

Pensions written under the Isle of Man's 50C pensions legislation are now appearing on the list of QROPS shown on HMRC's website

Swiss & Global Asset Management has spoken strongly in favour of the German economy predicting it will grow by more than 3% for the second year running.

Following hard on the heels of signing tax agreements with Japan and Indonesia, the Isle of Man has announced a further strengthening of regulatory ties - this time with Slovenia.

Britain faces a wave of home repossessions when interest rates begin to rise again, one of the country's leading bankers has warned.

A former Citigroup vice president has been charged with stealing more than $19m (£12m) from the bank in what one US prosecutor called "the ultimate inside job".