The central bank is holding fast to its plan for three rate cuts, even as inflation remains stubborn. But is a soft landing still likely?

The Senate Finance Committee held a hearing to discuss the Biden administration’s recently unveiled budget and tax proposals, as tax experts try to predict what will happen after the election.

Alison Nest says wealth managers can play a particularly useful role in helping investors navigate the intricacies of private equity, private credit and similar investments.

Paul Reilly is scheduled to hand the reins to his chief financial officer Paul Shoukry next year.

Regulators contend two firms falsely advertised themselves as the first to apply artificial intelligence to investment recommendations.

Brooks Macdonald senior director Stewart Sanderson has been appointed chief executive of Irwin Mitchell’s Financial Planning business IM Asset Management Limited. He will replace, subject to regulatory approvals, Richard Pott who has retired after two decades at the firm. Mr Sanderson has joined IM Asset Management from Brooks Macdonald where he was a senior director […]

President Biden wants the wealthy to “pay their fair share.” Ex-President Trump calls for “the biggest tax cuts.” But labeling people as rich creates massive policy challenges.

A decade on from George Osborne’s ‘pension freedoms’ Budget bombshell announcement in 2014, the latest HMRC data showed that £70bn of retirement cash has since been accessed flexibly by Brits. The reforms were implemented in April 2015 and ditched restrictions that previously applied to ‘drawdown’ and ushered in a new era of freedom and choice […]

There are urgent questions about where the cash to fund the state pension will come from following the government’s decision to cut the employees’ National Insurance from 10% to 8% from April. Steven Cameron, pensions director at Aegon, has urged the government to explain where future state pension funding will come from. He said: “While […]

Industry lawyers think the watchdog agency may be handling low-level missteps through informal means and saving the big fines for violations that harm clients or undermine markets.