Banks send Wonga-style legal threats to customers

Professional Adviser | 04 Jul 2014 | 08:00

High street banks are using Wonga-style bullying letters to chase customers for payments.


Barclays hit with fraud charges over ‘dark pool’ trading

US prosecutors have hit Barclays with fraud charges which claim the British lender lied to investors about its dark pool electronic trading operations.

Professional Adviser | 26 Jun 2014 | 07:50

Barclays puts ‘living pension’ at £17.5k a year

Retirees need to bring home £17,500 a year to secure a “relatively modest but comfortable” retirement, according to research from Barclays.

Professional Adviser | 23 Jun 2014 | 15:37

Other Barclays articles


Barclays Wealth CEO to exit

Chief executive of Barclays Wealth and Investment Management Peter Horrell is to leave the company at the end of the year.

Professional Adviser | 20 Jun 2014 | 08:09
Green binary head

The Head Doctor's manifesto: Effective investing in an emotional world

PA’s resident behavioural finance expert Greg Davies lays out his manifesto for balancing the desire for returns with being human…

Professional Adviser | 06 Jun 2014 | 10:22
ian gorham

Platforms must cut prices further to lure Hargreaves' clients - Barclays

D2C Platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.

Professional Adviser | 06 Jun 2014 | 08:09

Barclays: Fund groups must 'completely rethink' retail strategies post-RDR

Asset managers are likely to engage in a "fundamental rethink" of their retail strategies as more customers go direct in future, according to analysts at Barclays.

Professional Adviser | 30 May 2014 | 08:17

Hargreaves secures discounted share class for Woodford's new fund

Hargreaves Lansdown has secured what it says is the cheapest share class in the market for Neil Woodford’s new fund, selling the investment star's fund for 60bps.

Professional Adviser | 27 May 2014 | 10:35

Barclays fined £26m for gold price fixing

The Financial Conduct Authority (FCA) has fined Barclays £26m for gold price fixing.

Professional Adviser | 23 May 2014 | 09:57
photo of barclays headquarters in london's canary wharf

Barclays to cut 19,000 jobs in 'bold simplification' of business

Barclays will cut 19,000 jobs across the business by the end of 2016 - 14,000 of which will be lost this year - as part of what chief executive Antony Jenkins said was a "bold simplification" of the bank's structure.

Professional Adviser | 08 May 2014 | 08:20
photo of barclays headquarters in london's canary wharf

Barclays investment bank profits halve ahead of strategy overhaul

Barclays' profits have fallen in the first quarter with the investment bank suffering almost a 50% drop in profits, according to its quarterly report.

Professional Adviser | 06 May 2014 | 08:13
A tennis player at Wimbledon

The Head Doctor: Anyone for tennis?

PA’s resident behavioural finance expert Greg Davies finds out if a Wimbledon-orientated investment would be game, set and match for one tennis lover...

Professional Adviser | 02 May 2014 | 13:00

RBS forced to drop plans for 200% bonuses

RBS will not pay out bonuses in line with its rival banks, after the UK government said it would not support a payout ratio of two times executive salaries.

Professional Adviser | 25 Apr 2014 | 08:16

Barclays AGM rocked as SLI attacks bank over bonuses

Standard Life Investments has taken the unusual step of criticising Barclays during its AGM, attacking the bank over its latest remuneration proposals amid a fiery meeting.

Professional Adviser | 25 Apr 2014 | 07:55

The Head Doctor: The trouble with investment time horizon

PA’s resident behavioural finance expert Greg Davies examines why an investor’s time horizon is so often misunderstood…

IFAonline | 28 Mar 2014 | 23:35
Business handshake

Psigma targets Barclays Wealth's 'lighter touch' sub £500,000 clients

Psigma Investment Management has made a play for Barclays Wealth clients with less than £500,000, after the bank itself scrapped its bespoke service for lower net worth clients.

IFAonline | 26 Mar 2014 | 13:18
Canary Wharf at night

Banks pay £482m interest swap redress; hundreds of customers yet to opt-in

Banks have paid out a total of £482m in redress to those they have missold interest rate hedging products, figures from the Financial Conduct Authority (FCA) show.

IFAonline | 05 Mar 2014 | 14:51

How do wealth manager fees stack up in the unbundled era?

Analysts at Numis have compared charges from the likes of Barclays, Brewin, Coutts and Rathbones to investigate how industry fees stack up against platforms’ newly-unveiled clean prices.

IFAonline | 13 Feb 2014 | 12:35

Matthews drops Buxton’s 'problem' cyclicals

Philip Matthews has turned over almost half the holdings in the Schroder UK Alpha Plus fund since taking over the fund from Richard Buxton in October, IFAonline sister title Investment Week can reveal.

IFAonline | 11 Feb 2014 | 10:57

Barclays to cut up to 12,000 roles as profits slump

Barclays has said it intends to cut up to 12,000 jobs this year, including 7,000 in the UK, as it reveals it has upped its staff bonus pool despite a drop in profits.

IFAonline | 11 Feb 2014 | 09:52


Job of the week


Should a permitted investment list be reinstated for SIPP providers?