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

London's blue chip index climbed to an 11-month high this morning, buoyed by surging miners.

Offshore investors who were wrongly advised and have "accidentally" avoided paying tax will not be hit by fines as part of a Government crackdown.

Finance ministers of the G20 countries have given tax havens until March 2010 to tackle tax evasion, or face harsh sanctions.

Sesame will deliver a virtual RDR conference to update advisers on the impact for their businesses and provide solutions for a smooth transition.

Merchant Securities has acquired Belgravia-based IFA and wealth management firm Cavendish Young for a fee of up to £1.3m.

Over three quarters of small and medium sized businesses in the UK warn tax hikes for high earners will force entrepreneurs to set up shop overseas, a survey suggest.

Brett Davidson, chief executive of FP Advance, explains how advisers can use the review process to add value for clients and grow profits.

Here we list who has moved where in another busy week in the offshore sector.

The Isle of Man has branded the failure of Kaupthing Singer & Friedlander IOM (KSFIOM) an "unfortunate, isolated event" as a grass-roots YouTube campaign against the jurisdiction grows.