Advisers have continued to recommend Cautious Managed funds, with the sector taking second place on Cofunds' best seller list for August.

The British Virgin Islands Financial Services Commission (FSC) has warned members of the public to exercise caution in doing any business with three companies.

The FTSE opened lower in early exchanges on Wednesday on concerns global markets are outpacing the real rate of recovery.

More than half of savers have no long-term financial goals and risk losing motivation, a Morningstar poll reveals.

Australia and New Zealand Banking Group (ANZ) has been fined $5,750,000 by the US Office of Foreign Assets Control (OFAC) to settle allegations it violated the OFAC sanctions regime.

The UK has signed a double taxation agreement (DTA) with Switzerland, enabling both countries to exchange information, designed to prevent tax evasion.

The Dow Jones pushed ahead in early trade after its Labor Day recess, as the market reacted to Kraft's attempt to buy Cadbury.

The founders of wealth managers Spencer-Churchill Miller Private are launching a grant-making foundation to make it easier for high net worth individuals to donate to charity.

Gold has broken though the $1,000 an ounce barrier for the first time in six months, as doubts grow about the strength of the global recovery.

Switzerland has stolen the United States' crown as the world's most competitive economy, a World Economic Forum report concludes.