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News

Offshore Investment

PwC dealt Lehmans payback blow by High Court

High Court rules it cannot endorse PwC proposal to speed up the return of assets to creditors, but firm says it may appeal

clock 25 August 2009 •

Industry

Lenders reluctant to reduce fixed rate mortgage costs

Borrowers are continuing to suffer as lenders remain reluctant to reduce the cost of fixed rate mortgages, according to Moneyfacts.co.uk.

clock 25 August 2009 •

Economics / Markets

FTSE falls as Asian losses dent confidence

The FTSE 100 has opened lower this morning as investor confidence was dented by weaker Asian markets overnight and a flat US session on Monday.

clock 25 August 2009 •

Your profession

New chairman for Manchester IFP branch

The Manchester branch of the Institute of Financial Planning (IFP) has appointed the owner of Smart Financial Planning as its new chairman.

clock 25 August 2009 •

Industry

Director fined for keeping IFA concerns quiet

The director of a Cornwall-based IFA has been slapped with a £17,500 fine for failing to tell the FSA about an employee's suspect methods and ethics.

clock 25 August 2009 •

Offshore Investment

Sterling hits lowest rate vs euro in over two months

The pound fell to an 11-week low of €1.1461 yesterday despite bullish global equity markets.

clock 25 August 2009 •

uncategorised

Britons 'oblivious' about pensions

Millions of British adults have no idea which investor is looking after their pension, or how that money is being invested, new research has shown.

clock 25 August 2009 •

Offshore Investment

HMRC reveals revamped non-dom tome

HMRC has launched a revised version of its 302 page Residence, Domicile and Remittances Manual, including an updated chapter on the remittance basis.

clock 25 August 2009 •

Your profession

Bernanke nominated for second Fed term - papers

US Federal Reserve chairman Ben Bernanke will be nominated for a second term by Barack Obama later today.

clock 25 August 2009 •

Structured Products

Barclays Wealth re-issues plans

Barclays Wealth has launched new issues of its Minimum Return Plan, Protected FTSE Plan plus UK and US Super Trackers after the early closure of its preceding range.

clock 25 August 2009 •
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