The tax-free allowance - already set to rise to £10,000 this April - will be further increased to £10,500 from next year, George Osborne has announced in the Budget.

Emergency services workers will no longer be subject to inheritance tax (IHT) on their death, it has been announced in the Budget.

George Osborne has denied ‘insulting' middle-class voters amid reports he claimed paying higher tax rates is ‘good for them' and makes them feel successful.

The state pension age should rise to 70 by 2040 - more than 20 years earlier than scheduled under government changes - the former chairman of the Financial Services Authority (FSA) Lord Adair Turner said last night.

Legal & General (L&G) has reported a jump in pre-tax profits and cash reserves and is eyeing further 'selective acquisitions' following its purchase of Cofunds last year.

Criminal gangs who trick people into investing in worthless shares have been targeted by police in the biggest ever international crackdown on the fraud.

The Financial Services Compensation Scheme (FSCS) has said it no longer expects to raise an interim levy on investment advisers for the 2013/14 period.

St James's Place (SJP) saw its distribution business tumble into the red last year owing to the cost of hiring more advisers, and a £5.5m FSCS levy.

Britain must see a business recovery before interest rates can begin to rise, according to Mark Carney, the Governor of the Bank of England.

Former Financial Services Authority (FSA) chairman Lord Turner has warned that the UK has failed to rebalance its economy and is simply repeating the errors made in the run-up to the 2007/8 financial crisis.