Hedge funds have shown few signs of major fraud. But cases of wrongdoing may rise if more of these investment vehicles are sold to mass-market savers, according to the International Organisation of Securities Commissions yesterday.
Scotsman: Bad Day: Pfizer Investors
ITS shares fell 12 per cent in New York after the world’s biggest drugmaker surprised the market by abandoning the development of its leading experimental cholesterol treatment, torcetrapib.
Scotsman: Call For Increase In Annual Savings Limit
CITY experts are pressing for the Chancellor to increase the individual savings account limit in this week’s pre-budget report.
Scotsman: Home Buyers ‘need Government Help’
MORE than 80 per cent of adults believe the government needs to help young people get on the housing ladder.
Scotsman: Treasury Cashes In On IHT
REVENUE from inheritance tax and the higher rates of stamp duty on homes soared to a record £6.7 billion in the last financial year.
Scotsman: Hi-tech Piggy Bank Plan To Help You Save Odd Pennies
A NEW scheme that offers the modern equivalent of saving coins in a piggy bank has been launched by one of the country’s biggest banks.
Money Links For 4th Dec 2006
Links to other interesting money articles on 4th Dec 2006.
Motley Fool: Who’s Watching Over Your Portfolio?
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This Is Money: Dubai Closes In On Liverpool FC
Liverpool are on the verge of becoming the sixth Premiership club in foreign hands after a Dubai state firm confirmed they are in exclusive takeover talks
This Is Money: Energy Bills To Rise Again
Energy companies have been told they will be allowed to pass on the costs of transmission and mains replacement to their customers