UK rates rise for first time in a decade

The Bank of England has increased interest rates for the first time in a decade, reversing the 0.25% emergency cut implemented in the aftermath of last year’s Brexit referendum.

Europe | 1 Nov 17

Luxembourg’s ‘provocative’ Brexit solution for financial services

In a speech examining the impact of Brexit on European Financial Centres Luxembourg finance minister Pierre Gramegna says the UK has five Brexit options to choose from.

Serious Fraud Office fights crime with 'robo-lawyer'

Advisers reluctantly embracing robo-advice

Robo-advice trust, Brexit certainty and profession growth were all major topics covered in Prudential’s latest report on the key issues facing financial advisers in 2017.

Adviser rapped for misleading tax scheme ad

‘Unfair’ pension freedom tax refunds hit £262m

HM Revenue & Customs has had to repay more than £262m to consumers that were charged emergency tax since the launch of the pension freedoms in 2015.

Best Practice | 31 Oct 17

Five big factors in the £1.27bn UK wills, probate and trusts market

Fragmented and largely unregulated, the UK wills, probate and trusts market was worth £1.27bn last year, but this is set to grow, according to market research company IRN Research.

United Kingdom