News

Thousands more families will be required to pay inheritance tax (IHT) this year as an improving economy and rising house prices pull them above the threshold, according to figures.

36 South, the hedge fund whose ‘Black Swan' vehicle returned 200% in 2008, plans to launch a UCITS version of its long-volatility structure for investors concerned with the current market environment.

Brooks Macdonald is planning a ‘substantial' fee cut for its discretionary fund management service, which could see its headline charge fall by up to 30%.

Investors are moving back towards safe haven assets such as gold as ongoing violence in Iraq hits markets.

David Jane, founder of Darwin Investment Managers, is planning to diversify the Miton multi-asset funds and utilise excess cash to improve on recent poor returns.

Housebuilder stocks have fallen and the pound is nearing 1.70 against the dollar as investors react to Mark Carney's change of tack on interest rates and new measures that may curb mortgage borrowing.

Oil prices have jumped to a nine-month high on mounting concerns turmoil in Iraq may have a negative impact on global supplies.

Government plans to overhaul the retirement process could increase the threat of pensions liberation fraud by overstretching administrators, warns the Pensions Administration Standards Association (PASA).

Chancellor George Osborne plans to allow the Bank of England to implement new measures to control accelerating house prices in the UK, as the property market shows signs of overheating.

The governor of the Bank of England has told the UK to prepare for a potential rise in interest rates this year.