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Author profile

Rahul Odedra

Articles by Rahul Odedra

RDR

Fewer IFAs eyeing restricted space

A tenth of advisers are considering the 'restricted' advice route after 2012, significantly fewer than recent estimates, new research suggests.

clock 22 February 2011 •

Mortgages

FSA fines DB Mortgages £840k for irresponsible lending

The FSA has fined DB Mortgages, part of the Deutsche Bank Group, £840,000 for irresponsible lending practices and unfair treatment of customers in arrears, and secured £1.5m in redress for customers.

clock 22 February 2011 •

Regulation

Former mortgage broker to fight FSA alone

A former mortgage broker is taking on the FSA without any legal representation as part of a £1.67m libel claim.

clock 21 February 2011 •

Regulation

Treasury confirms watchful eye over passporting post-RDR

The Treasury has confirmed the RDR will not impact upon the ability of firms based in Europe to advise clients in the UK, although it insists the use of passporting to evade regulation will not be permitted.

clock 18 February 2011 •

Regulation

Bamford FSCS petition receives 678 signatures

A total of 678 signatures have been collected for a petition to the FSA and the Treasury calling for a review of the funding of the FSCS.

clock 17 February 2011 •

Your profession

Bamford big winner at Unbiased awards

Martin Bamford was the big winner at the Unbiased.co.uk Media IFA of the Year awards last night, picking up two prizes.

clock 17 February 2011 •

Your profession

Professional Adviser awards raises £2,500 for Victim Support

Victim Support was able to raise £2,500 at the recent Professional Adviser Awards thanks to our generous guests.

clock 17 February 2011 •

Your profession

NMG: Income fears easing for many IFAs

An increasing number of IFAs are reporting growth in their income, while more are also getting to grips with meeting the RDR's qualification requirements, a study suggests.

clock 17 February 2011 •

Pensions

Resolution to pause on acquisition spree

Consolidation vehicle Resolution is unlikely to make any further acquisitions this year and will focus instead on generating returns from existing businesses, according to bankers and analysts.

clock 17 February 2011 •

Regulation

Hoban vows FSA successor can ban products

The new consumer and markets regulator will be renamed the Financial Conduct Authority (FCA) with a remit to ban retail products and warn investors about pending enforcement actions.

clock 17 February 2011 •
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