News

Charlie Eppinger, interim CEO of Cofunds, says ‘it is business as usual' at the platform and its development strategy is on course despite the departure of Brett Williams last month.

The number of IFAs facing issues with overseas property investments has soared over the last few years as the fall-out from the financial crisis has hit the schemes hard, according to a legal services firm.

A certified financial planner has fired a series of parting shots at the CII after quitting the organisation over threats to discipline him for failure to submit CPD records.

BP's shares rose 2.36% to 425.45p at 3.15pm following the news almost three-quarters of the oil spill in the Gulf of Mexico has been cleaned-up or broken down by natural forces.

AXA Group's sale of part of its UK Life business to Resolution Group has led to a 30% drop in income for the first half of 2010.

The top five retirement destinations for British pensioners are Spain, France, the USA, Canada and Ireland, research from Standard Life has revealed

An illegal immigrant has been jailed for three and a half years after carrying out a £500,000 tax fraud.

Around 15 million people are facing long delays on their tax rebates as a result of HMRC revamping its security system.

Exchange-traded products (ETPs) based on copper have seen high inflows, while gold ETPs have experienced outflows as sovereign risk fears in Europe abate, according to ETF Securities (ETFS).

Skandia is calling for simplification of income drawdown rules to ease the "administrative nightmare" on advisers and simplify calculations for consumers.