News

Jersey's compliance with international financial regulation and supervision rules has pushed it ahead of the UK, according to an International Monetary Fund (IMF) report.

Company directors switched millions of pounds worth of pension contributions into cash last year to avoid a government clampdown on tax relief for wealthy pension savers, according to the Guardian's survey of directors' pensions.

The Dow Jones is flat in early trading as investor concern the index is outpacing the real rate of recovery grows.

Checking the suitability of advice after it is delivered is akin to "putting the cart before the horse", IFA Nick Bamford says.

Prudential International has launched an online tool to help advisers who do not specialise in offshore solutions pick clients who may benefit from using an offshore bond in different scenarios.

Ian Lowes, managing director at Lowes Financial Management, knows more than most other IFAs about the uncertainty facing investors in Lehman-backed structured products. He is one.

Guernsey has rejected suggestions the island could require a ‘bail out' from the UK taxpayer.

A year on from the collapse of Lehman Brothers, providers of structured products backed by the bank say it will be years before their clients receive compensation.

Consumer champion Which? says it is "hopeful" the appeals court will rebuff a challenge from Barclays and Lloyds over a decision to limit sales of payment protection insurance (PPI).

Clients are scrutinizing even the most basic investment recommendations of their IFA as trust wavers following the collapse of Lehman Brothers, advisers say.