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George Osborne, the UK Chancellor of the Exchequer, today announced that from April 2015 individuals will have the freedom to pass on their unused defined contribution pension to any nominated beneficiary when they die, rather than paying the 55% tax charge which currently applies to pensions passed on at death.

The fund management sector was responsible for a record £6.2tn of funds at the end of 2013, with over a third of that sum coming from overseas clients.

Deloitte has furthered strengthened its hedge fund practice with two key appointments for the UK and EMEA regions.

There are many good reasons for companies to believe that increasing gender diversity in their workforces will be a business boost, according to the Confederation of British Industry’s Northern Ireland chair

The Securities and Exchange Commission has launched an investigation into Pimco’s exchange traded funds (ETF) pricing structure.

Almost all coal mining permits granted by the Indian government between 1993 and 2010 have been cancelled by the country’s Supreme Court.

Royal Bank of Scotland had to lower the price of the initial public offering for its Citizens Financial bank despite a buoyant mood in the wider investment market.

Sir Richard Branson, the boss of the Virgin Group of companies, has offered his private staff as much holiday as they want to take.

Starbucks is to take control of its Japanese joint venture partner Sazaby League in a deal with a total consideration of $914m (£559m).

London has been ranked as the most expensive city in the world, according to a new report from international real estate agent Savills.

The investment arm of British-based bank Barclays has been hit with a record fine by UK regulators after it failed to separate its assets from its clients.

Investment analysts have issued a warning to investors in gold after the Royal Mint in Britain launched a new site trading in gold and silver coins.

The White House as announced its plans to tackle the rising tide of tax inversion in the country.

The heirs to the Rockefeller family are to start a process of selling its investments in fossil fuels, shifting its portfolio focus to clean energy.

The signing of Nepal’s biggest ever foreign direct investment (FDI) deal will see its newly elected government launch a $1.4bn project to tap into its Himalayan river hydropower resources.

With the iconic Wall Street building resplendent festooned in the orange and white colours of the firm, Alibaba's shares closed notably above their initial price on closing on the New York Stock Exchange (NYSE) on Friday.

GlaxoSmithKline (GSK) has been fined $490m by China after the firm was found guilty of bribery.

British-based retailer Tesco has suspended four of its executives and launched an inquiry after the firm overstated its half-year profits.

The effect of the Scottish vote against leaving the United Kingdom was made clear in early trading in Asia, as the pound sterling surged to highs against the euro and US dollar.

The boss and joint founder of leading software firm Oracle, Larry Ellison, is to step down after 37 years of leadership. Mr Ellison, one of the world's richest people, will still remain an integral board member however.

The Bank of Japan (BoJ) has purchased one-year government debt at negative yields.

The bosses of companies listed on the London Stock Exchange could have their pay packages revaluated, according to new rules outlined by the Financial Reporting Council (FRC).

Increases in the level of geopolitical tensions and the appetite for risk taking could disrupt the recovery to the global economy, according to the International Monetary Fund (IMF).

The level of foreign direct investment into China has falling to its lowest point in two and half years, according to the latest data sets.

A report by Barclays has suggested that nearly half of China's wealthiest people are considering leaving their home country.

An island in the Maldives has come onto the market, complete with planning permission for a luxury resort.

In an effort to stimulate growth and combat slowing output levels, the central bank of China has injected Rmb500bn ($81bn) into the country's banking system.

In what is believed to be the single biggest order for Rolls-Royce cars, flamboyant Chinese businessman Stephen Hung has just ordered 30 for a total of £20m.

The world's largest firms need to have a global approach to tax, according to the Organisation for Economic Co-operation and Development (OECD).

With the demand for Alibaba Group’s debut on the stock market attracting seemingly unending interest from investors.

The California Public Employees’ Retirement System (Calpers) has revealed plans to divest its entire $4 billion investment it has in hedge funds.

US Energy giant ConocoPhillips has announced it is to auction off its stake in the Clair oilfield, the largest oilfield in UK territorial waters.

High-net-worth-individuals are increasingly diverting investments into family businesses, according to the results of a survey by KPMG.

Poland has added its weight to the growing number of calls for the European Union to start spending to stimulate growth.

Pension providers who withdraw from the UK auto enrolment process ahead of small and mid-sized enterprises (SMEs) joining the market should be fined, according to Defaqto.

There is just a week to go before the Scottish Referendum, and the debate is heating up.