News

Wrap provider Novia says the FSA failed to pick up on the lack of transparency in client charges in the platform sector in its recent Consultation Paper.

An accountant millionaire has pleaded guilty to filing a false tax return, making him the first US citizen to face criminal charges stemming from Swiss UBS records controversially procured by the US federal government.

Skandia has joined forces with the European Senior Golf Tour to become an official sponsor of the 2009 Senior Open Championship presented by MasterCard and a partner sponsor of the Travis Perkins plc Senior Masters.

Criminals are increasingly using soccer for money laundering and tax evasion, helped by the globalisation of the sport and financial needs of clubs, an anti-corruption body says.

Friends Provident completed the demerger of F&C Asset Management today (Friday 3 July) with its controlling stake in the firm distributed to all Friends' shareholders.

Pensions savers are losing faith in company schemes to provide for their retirement, with just two in five believing they will provide an adequate income, according to Scottish Widows.

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

The state pension age should be raised to 70, the author of an influential report into the future of pensions suggested yesterday, according to The Telegraph.

London markets opened higher this morning, regaining some of Thursday's lost ground, with the FTSE 100 up 12.32 points (0.29%) to 4,246.59.

The eight ProShares ETFs offered by ProFunds Group provide short and leveraged exposure, and are listed on NYSE Arca.