News

Plans for a Government blacklist naming and shaming tax cheats who have swindled the Exchequer out of over £25,000 could encourage further abuse, according to accountancy firm, PKF.

Advisers expect to be selling 20% more protection cover within six months, a survey suggests.

Mike Allison, the managing director of Personal Touch Financial Services (PTFS), has been made redundant after seven years at the network.

Alistair Darling's move to introduce a fresh tax amnesty inviting holders of offshore accounts to disclose any unpaid tax has been dubbed "disappointing" for its "serious" lack of detail by accountancy giant PKF says.

Alliance & Leicester Intermediary Sales is to introduce two new fixed rate products for remortgagers and homebuyers, available exclusively through the intermediary market, from Friday.

TCF Debt Solutions has appointed a number of new members of staff, in a move aimed at improving customer service, after the firm received significant increases in business and new enquiries.

Northern Rock has revealed the enhanced competitiveness of its product range has seen mortgage applications jump by 70% in March, with the average LTV of new lending just 48%.

Schroders posted a £200m net retail inflow in the first quarter, stemming the strong redemptions it suffered last year.

Tax cheats who owe the Exchequer more then £25,000 are to be named, shamed and blacklisted by the Government in a further bid to crack down on tax evasion.

The Investment Management Association (IMA) has welcomed numerous changes affecting offshore funds which will enhance the UK's competitiveness as a domicile for authorised investment vehicles.