News by: Michelle Abrego
National newspapers The Times and Sunday Times have teamed up with discount broker Bestinvest to launch an execution-only and financial advice service.
Our panel of experts make their Budget 2014 predictions, expecting no change to the top tax rate, more help for house buyers and extra flexibility for pensioners. Click through to read on.
Conservative pressure group Renewal has proposed to scrap the 40% tax rate to benefit middle earners and introduce a 45% tax rate for earnings exceeding £62,000, according to reports.
Fund manager Mark Barnett has assumed responsibility for the Invesco Perpetual High Income Fund, Invesco Perpetual Income Fund and the Invesco Perpetual UK Equity Pension Fund ahead of schedule.
Argyle Consulting increased its turnover 13% from £3.32 million to £3.75 million in 2013, after acquiring Edinburgh Risk Management.
Royal Bank of Scotland and Lloyds Banking Group may have to move to England if Scotland becomes independent due to EU law, according to reports.
Financial Conduct Authoritychief executive Martin Wheatley has called on firms to self-regulate as he expressed ‘serious concerns’ that firms will forget about culture and ethics once the economy recovers.
The Bank of England has suspended a member of staff after investigating the potential rigging of the foreign exchange market.
Conservative MP Alun Cairns is rallying support from fellow politicians in an effort to secure answers over the collapse the Connaught Income Fund Series 1 as calls for compensation and an investigation by the Financial Conduct Authority grow.
The Financial Conduct Authority has published the findings from its latest review into how financial firms pay and reward sales teams. It found that one in 10 have higher-risk incentive schemes and appear not to be managing the risk properly. The FCA found that there had been significant improvements at many firms, but voiced concerns over networks and self-employed advisers. Click through to see the numbers behind the regulator's findings.
The Financial Conduct Authority has found that one in 10 financial firms with sales teams have higher-risk incentive schemes and appear not to be managing the risk properly.
Lloyds Banking Group has topped the Financial Ombudsman Service list of most complained about business groups for the second half of 2013. Despite overall complaint levels falling in the second six months of 2013, it was still a record breaking year for FOS claims due to the high numbers received in the first half. Click through to see who else made up the top 10.
Partnership investor relations director Chris Rhodes is set to leave the group after seven years.