Prudential says that one in six high earners can expect to see their child benefit payments reduced under new rules and an estimated 36,000 taxpayers could increase their pension savings to avoid the new tax. Read more ...

The Office for National Statistics says that UK gross domestic product in volume terms decreased by 0.5 per cent in the second quarter of 2012, revised from the previously estimated 0.7 per cent decline.

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Provisional statistics released by HMRC have revealed that £53,860m was subscribed to ISAs in the 2011/12 tax year – a slight increase on the previous year's total of £53,772m – and the highest annual total since the introduction of ISAs in 1999. Read more ...
SimplyBiz Mortgages has announced the launch of its equity release proposition.  Read more ...
A new ‘non-advised’ charitable investment service about to be launched in the UK could help financial advisers as they prepare themselves for life after the Retail Distribution Review. Read more ...
Figures from the Department of Work and Pensions (DWP) have highlighted the disparities in the amount of state pension people receive per week. Read more ...
Financial Planner Mike Moreton of Guardian Wealth Management believes high rate taxpayers who fail to pay into a pension are "missing a trick." Read more ...
The Financial Services Authority has proposed the banning of promotions of Unregulated Collective Investment Schemes to retail investors. Read more ...
The average family debt has increased to more than £10,000 since May 2012, according to Aviva. Read more ...
Looking for Financial Planning news alerts? Financial Planner Online has its own Twitter feed at @FPM_Online. Read more ...
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