News

New IFA consolidation vehicle Succession Advisory Services today unveiled the seven-strong line up of global and specialist fund houses it has selected to form its outsourced investment management team.

HMRC has warned its new disclosure opportunity (NDO) will be the final chance for people with unpaid taxes linked to offshore accounts to settle up.

Investec plc has announced plans to issue up to 22m new ordinary shares in efforts to repurchase its debt at a discount.

Equity release specialists In Retirement Services has gone into administration.

The equity release market must adapt products, advice and pricing to cater for a changing market, according to Safe Home Income Plans (SHIP), which has called for a Government-led debate on the issue.

Lloyds Banking Group has appointed Sir Win Bischoff, the former chairman of US bank Citigroup, as its new chairman.

Homeowners are paying an average £1,800 a year extra for their mortgages as banks fail to pass on cuts in borrowing rates.

The FTSE 100 once again headed higher this morning after closing ahead on Monday for the 11th consecutive session.

Royal London UK Mid-Cap Growth trust manager Leigh Himsworth is set to leave the firm in the autumn to join Gartmore.

Pacific Investment Management Company (Pimco) has filed with the Securities and Exchange Commission to launch five active fixed income ETFs - three short duration and two tax exempt - as well as two ETFs that track treasury indices.