Ex-Arck director pleads guilty to £50m fraud

        Professional Adviser | 19 Dec 2014 | 15:11

        A former partner of unregulated property investment Arck LLP has pleaded guilty at Southwark Crown Court to three fraud charges brought by the Serious Fraud Office (SFO).

        Serious Fraud Office
        Handshake in London

        So long, farewell: The ten biggest manager departures of 2014

        After another year of high profile manager moves and retirements, PA's sister title Investment Week looks at ten of this year's biggest exits, what the managers are doing now, and what has happened to their funds...

        Professional Adviser | 19 Dec 2014 | 12:39

        Final guidance on MiFID II rules unveiled by ESMA

        The European Securities and Markets Authority (ESMA) has released its final technical advice on the implementation of MiFID II, covering the use of dealing commission, derivatives, and high frequency trading.

        Professional Adviser | 19 Dec 2014 | 12:36

    Other Investment articles

      Angel and devil on scales

      Professional Adviser's heroes and villains of 2014

      It's that time of year again: Professional Adviser, aided by the plentiful suggestions of readers, runs through its heroes and villains of 2014...

      Professional Adviser | 19 Dec 2014 | 10:22
      A HM Treasury sign

      Govt recovers £1.3bn of taxpayer cash used in Icesave bailout

      The government has recovered a further £1.3bn from the Landsbanki estate in Iceland, which operated as Icesave in the UK, following its collapse at the height of the financial crisis.

      Professional Adviser | 19 Dec 2014 | 07:36

      Suarez, selfies and CIPs: A year in review

      There was more to 2014 in financial services than pensions freedom, wasn't there? David Thompson looks back on a busy year, and whether the flurry of changes worked.

      Professional Adviser | 18 Dec 2014 | 12:38
      High Court London

      Update: Arch CEO denied right to appeal High Court ruling

      Arch Financial Products chief executive Robin Farrell has been denied the right to appeal a High Court judge's ruling that he is guilty of dishonesty and his firm of negligence in the management of the failed Arch cru fund range.

      Professional Adviser | 18 Dec 2014 | 11:05

      Media mogul Desmond wins settlement from GLG and Credit Suisse

      Media tycoon Richard Desmond has agreed to settle his £42m court case against Credit Suisse and GLG, accepting a significant settlement figure, according to reports.

      Professional Adviser | 18 Dec 2014 | 07:51

      Govt lost £180m on Royal Mail privatisation - report

      The government's privatisation of the Royal Mail was underpriced by £180m, a report commissioned by Business Secretary Vince Cable has suggested.

      Professional Adviser | 18 Dec 2014 | 07:32

      Government reveals fresh plans to sell down Lloyds stake

      The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

      Professional Adviser | 17 Dec 2014 | 15:36

      Jailed adviser banned by FCA

      A financial adviser who was jailed for stealing from his pensioner clients has been banned from working in financial services by the Financial Conduct Authority (FCA).

      Professional Adviser | 17 Dec 2014 | 14:40

      Why better for clients is better for business

      Clients don’t actually care that much about pensions or ISAs or any other product on the market, writes Lawrence Cook

      Professional Adviser | 17 Dec 2014 | 12:13

      Allianz GI opens flagship funds to UK retail investors

      Allianz Global Investors has opened several flagship strategies to UK retail investors with the addition of a new sterling clean share class.

      Professional Adviser | 17 Dec 2014 | 10:33

      Swiss firm targets UK retail clients with RDR share class

      Swiss asset manager Unigestion is expanding its presence in the UK to retail and intermediary clients by launching an RDR-compliant share class on a range of funds.

      Professional Adviser | 17 Dec 2014 | 10:30

      Armchair Critic: The Nutmeg Experience

      Nutmeg sells itself on simplicity and low cost. But for a novice doing something as simple as buying an ISA, that is not exactly how it works, says PA’s Armchair Critic Brendan Llewellyn

      Professional Adviser | 17 Dec 2014 | 10:06
      A hand extended holding a bag of pounds - illustration

      How investment trusts can settle clients' income concerns

      Investment trusts' ability to smooth dividends over time is one reason they present a real income alternative, writes Jenna Voigt

      Professional Adviser | 17 Dec 2014 | 07:12
      Large gold pound sign

      Advisers charging more post-RDR despite lower product prices

      Advisers are charging clients more post-Retail Distribution Review (RDR), despite falling product prices, a consultancy hired by the Financial Conduct Authority (FCA) has found.

      Professional Adviser | 16 Dec 2014 | 11:14

      Clients ‘unaware and unclear’ about ongoing services charges

      About two out of three financial advice clients receive ongoing services but only half understand what they are actually paying for, research from NMG has found.

      Professional Adviser | 16 Dec 2014 | 10:37

      UK inflation drops to surprise 12-year low

      UK CPI inflation fell further than expected in November to its lowest level since 2002, according to the Office for National Statistics (ONS).

      Professional Adviser | 16 Dec 2014 | 10:02

      RDR is working, FCA declares

      The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its "once in a generation" project to revamp the retail investment advice market, is working, though some concerns remain on the costs and labels of advisers' services.

      Professional Adviser | 16 Dec 2014 | 10:00


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