The Governor of the Bank of England Mark Carney says that UK interest rates could begin to rise by the end of the year but it will monitor the impact on borrowers, savers and business very closely.
Finance firms are failing to properly record and supervise their staff’s activity on websites like Twitter and LinkedIn despite new FCA guidelines, a study concluded.
The Paraplanning profession has a “huge mountain to climb” and must start targeting students taking degrees in subjects such as history and geography in order to attract more fresh blood, a leading Paraplanner says.
Offshore tax evaders and the professionals who enable tax evasion will face even tougher sanctions, it was announced this morning.
The involvement of the FCA in the national Paraplanners Powwow shows what an influential event it has become, its founder says.
Savers took out £800m worth in payments from income drawdown policies in 170,000 withdrawals in the first two months after the pension reforms kicked in.
The FCA fined firms and individuals over £1bn for market integrity breaches last year, new analysis shows.
An IFP corporate member has estimated that 8 out of 10 requests it receives for overseas pension transfers are scams to defraud savers out of their pension.
Inflation has fallen flat again, dropping to 0% after a slight rise the previous month.
Tax facts are to be taught at secondary school through a series of new animated films produced by HM Revenue and Customs.