News

The Government could increase the rate of inheritance tax (IHT) in next week's budget to help plug its growing deficit, according to Standard Life estate planning specialist Julie Hutchison.

PFS chief executive Fay Goddard believes a return to rules-based regulation is quite likely although not necessarily in the best interests of the IFA sector.

Employers no longer have to consult with employees when a group personal pension provider is switched, a lawyer says.

More than a third of consumers admit to intentional non-disclosure when applying for a critical illness (CI) policy, an FSA study suggests.

IFAs could face the threat of legal action from clients with money trapped in failed Icelandic bank subsidiary Kaupthing Singer & Friedlander Isle of Man (KSFIOM) if the proposed compensation scheme does not return their ensnared savings.

A receiver unraveling Sir Allen Stanford's business empire has urged 66 financial advisers to return 'huge' commissions and bonuses paid by the company.

The Swiss bank Credit Suisse is edging towards closing the accounts of thousands of American customers as tax authorities in Washington step up a campaign against offshore banking secrecy.

Bluefin Advisory Services has announced it is shutting its Thinc networks following a strategic review, but says members firms will be give the opportunity to immediately join network giant Sesame.

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

A survey by Reader's Digest has found that trust in financial advisers has decreased by 4% since 2007, with 36% of respondents stating advisers were trusted 'a great deal' or 'quite a lot'.