News

US markets plummeted almost 4% yesterday as the fallout from the eurozone crisis continued to escalate.

The FTSE closed on Thursday deep in negative territory after German Chancellor Angela Merkel stepped up calls for tougher regulation of banks and financial markets.

Friends Provident has announced an online seminar on Executive Income Protection (EIP), highlighting how advisers can advise their corporate clients.

PruProtect's annual premium income increased 141% in the first quarter of 2010 compared to the same period a year ago.

The FSA has banned and fined a share-ramping stockbroker £2.8m in its biggest ever penalty against an individual.

HMRC today declared kick-out structured products do qualify for ISA investment in a u-turn on existing policy.

Hundreds of advisers are gearing up to lobby their new MPs about years of "poor" regulation in what could represent one of the biggest "joined-up" challenges to the FSA.

Dubai World has come to a provisional agreement with its lenders to restructure $23.5bn (£16.4bn) of debt.

Capital gains tax (CGT) will rise and a cut in inheritance tax (IT) will be put on the back-burner as part of the Government's overhaul of the taxation system.

The coalition government has confirmed auto-enrolment into workplace pension schemes will go ahead.