Author profile
Regulation
The Financial Conduct Authority (FCA) has said it will look to take even earlier pre-emptive action against what it believes is bad practice in a bid to counter accusations from the industry that it unfairly employs retrospective regulation.
22 January 2015
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Investment
Investors in a beleaguered overseas property scheme have been told there is no prospect of them receiving compensation until a fraud investigation into the investment has been concluded.
22 January 2015
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Investment
Architas and technology firm BirthStar have launched seven retail funds that follow an age-based strategy more commonly associated with default auto-enrolment (AE) pension funds.
21 January 2015
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Multi-manager
Advisers are being exposed to accusations of negligent advice by the regulator because comparing charges for the most common outsourced investment options - multi-manager (MM) and discretionary fund managers (DFMs) - is "impossible", according to a damning...
21 January 2015
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Regulation
Pension advisers face a massive increase in the amount they pay to the Financial Services Compensation Scheme (FSCS) as the service prepares for a "significant" rise in claims linked to self-invested personal pension (SIPP) advice.
20 January 2015
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Regulation
The Financial Services Compensation Scheme (FSCS) plans to collect a levy of £287m from firms in 2015-16, as it prepares for a rise in claims related to self-invested personal pensions (SIPPs).
20 January 2015
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Investment
Restricted adviser network Sesame would be broke and unable to trade without the continued financial support of its parent company Friends Life, Aviva has said in a note to shareholders ahead of its planned acquisition of the provider.
20 January 2015
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Regulation
The Association of Professional Financial Advisers (APFA) has welcomed news that the Financial Services Compensation Scheme (FSCS) plans to cut its costs levy on the industry by £5m.
20 January 2015
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Economics / Markets
The global economy is set to grow slower this year and next, according to the International Monetary Fund (IMF).
20 January 2015
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Regulation
Competition in the £700bn cash savings market often does not work well for consumers, particularly those with long-standing accounts, the Financial Conduct Authority (FCA) has found, as it reveals plans to overhaul how the industry works.
20 January 2015
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