News

The British Virgin Islands and the Cayman Islands have joined the Organisation for Economic Co-operation and Development's (OECD) 'white list' of tax havens which have "substantially implemented" the internationally agreed tax standard.

Mortgage broker John Charcol says the Government is demonstrating a "complete failure" to understand the current state of the housing market after research suggested up to 3.5 million households are unable to move.

UK home repossessions fell by 10% in the second quarter of the year compared with the first three months of 2009, figures from the Council of Mortgage Lenders (CML) suggest.

Friends Provident International (FPI) has launched three investment-linked funds designed to give investors exposure to stock market volatility as part of their investment portfolio.

Scottish Life has updated its series of technical information leaflets on income drawdown for financial advisers.

An elderly war widow has won a stunning victory against Lloyds TSB after she was advised to gamble her life savings on the stock market.

Speculation about Middle East investment in UK property firms has boosted the FTSE, which hit a ten month closing high yesterday.

Financial consultants deVere and Partners has acquired web-based international broker, Programmes for Wealth international (PWi).

Every bank with a UK presence has been ordered to surrender details of customers holding offshore accounts to HMRC.

National IFA 2plan Wealth Management is set to open a Midlands office manned with nine new recruits as the firm continues its UK expansion plans.