Direct and indirect taxes cost employees an average of £1.25 an hour, analysis has indicated, as savers said they fear paying more tax than necessary on their savings could harm their retirement.

The Culture, Media & Sport Committee has published a report today recommending a new custodial sentence of up to two years for those convicted of unlawfully obtaining and selling personal data.

LV=, the mutual financial provider, has promoted Richard Rowney, managing director of its life and pensions business, to be its new chief executive.

Standard Life Investments has launched an American Equity Income OEIC to UK based retail investors.

An adviser to wealthy expats and non-doms has warned that Brexit is bringing “unparalleled confusion” to clients’ Financial Planning decisions.

Five people have appeared in court in connection with an alleged 'boiler room' investment fraud, the FCA said today.

Just Retirement says the growing number of over-40s suffering a “mid-life pensions crisis” should seek help from a professional financial adviser.

Charles Stanley says it plans to become the “UK’s leading wealth manager” by 2020 and will launch a separate Financial Planning arm as part of this strategy.

There was a decline in optimism among financial services firms for the second consecutive quarter due to stronger competition, rising uncertainty about demand due to Brexit and other economic issues and slowing profits growth, according to the latest CBI/PwC Financial Services Survey.

The Glasgow-based SIPP provider @sipp has bought acquired Essex-based SSAS firm Alfa Trustees for a six figure sum as part of a drive to expand in the south of England.