News

ISA allowances for the next financial year could be as high as £10,680 as savers benefit from a Retail Price Index (RPI)-linked increase.

Hargreaves Lansdown forecasts the government will cap pension tax relief at between 20% and 40% ahead of the Treasury's policy announcement on Thursday.

A former Burns-Anderson appointed representative jailed in April for defrauding clients out of more than £7m is set to return to court to be stripped of his assets.

Scottish Widows, Irish Nationwide and Investec Bank have the best interest rates on their SIPP cash accounts but shopping around is essential, according to Defaqto.

The FSA has banned three individuals for mortgage fraud and fined two of them a total of £414,683.

The retirement income service launched by Annuity Clearing House (ACH) in June has had a positive reaction from advisers, chairman Peter Quinton says.

The Monetary Policy Committee (MPC) must inject a further £50bn into Britain's fragile economy to stave off a double-dip recession, the British Chamber of Commerce warns.

A greater level of transparency is needed when ETF providers lend out securities held within their funds, according to industry experts.

Just a quarter of all new home loans in August were remortgages which is the lowest proportion in 10 years, according to the CML.

The government will today switch the inflation benchmark for pensions and benefits from RPI to CPI, potentially shaving millions off investors' savings.