News

Rich Americans are turning themselves in to the Internal Revenue Service (IRS) in droves as the US tax authority steps up its hunt for tax evaders.

The former chief executive of Kaupthing Singer & Friedlander (KSF) is set to profit from a book about his role in the failure of the Icelandic bank subsidiary.

The Chelsea building society has revealed it has lost £41m as a result of mortgage frauds by some of its buy-to-let borrowers.

The FTSE 100 continues to advance this morning, adding 5.55 points, or 0.12%, to 4,762.13 at just past 9:30am.

Here we list who has moved where in another busy week in the offshore sector.

Savers have increased the cash allocation in their SIPPs as part of a defensive move, according to Investec Private Bank.

A total of 80% of mortgage applications were approved in July, representing a 10% increase on the start of the year.

Demand for variable annuities remains high despite the challenging environment and withdrawal of the Hartford, new research reveals.

Skandia's Trailblazer roadshow will hit the road again this September, offering free events to help IFAs bring long-term value to their businesses and prepare for the changing regulatory environment.

Standard Life Wealth has snapped up Credit Suisse's ex director of UK sales, Jeremy Hippolite.