News

A tax avoidance scheme sold by serial avoidance promoter NT Advisors has lost its third bid for legitimacy, saving the country £100m, HM Revenue & Customs (HMRC) has said.

Neptune plans to close two income portfolios and will remove income share classes on several other funds at the end of next month.

The S&P 500 saw its biggest gain in more than a month on Thursday, supported by technology stocks and strong GDP data.

Aberdeen Asset Management has warned investors to watch out for a scam artist claiming to represent the firm.

Slater Investment's Mark Slater says poor results from 'dividend stalwarts' damaged the performance of his Slater Income fund in the fourth quarter.

Preliminary figures released today show the US economy grew at an annual rate of 3.2% in the last quarter of 2013, in line with analysts' expectations.

A former investment adviser has been fined £19,900 and banned by the Financial Conduct Authority (FCA) for fabricating his Statement of Professional Standing by using a template he found online.

Schroders is to rebrand the entire Cazenove Capital fund range following its takeover of the business last year.

The Alternative Investment Market (AIM) has jumped 25% since legislative changes lifting the ban on direct ISA investments were announced, research by Close Brothers has found.

The appearance of a high-profile activist investor on F&C's share register has added to the uncertainty surrounding BMO's acquisition of the asset manager.