The Financial Services Compensation Scheme (FSCS) may avoid picking up the whole bill for the suspended ARM Asset Backed Securities investment as the fund's board has found a buyer for the life-settlement policies in its portfolio.
At least 80 Keydata investors are concerned they will not have recourse to the courts if their claims at the Financial Ombudsman (FOS) fail to fully compensate them, because the service is taking so long.
IFA network PI Financial is in the spotlight again over the mis-selling of unregulated collective investment schemes (UCIS), two months after being hit with a £58,000 fine by the regulator for giving unsuitable UCIS advice.
Brett Williams, the former head of platform giants Skandia and Cofunds, has moved into the enterprise investment scheme (EIS) market with a series of launches through his new venture Old Burlington Investments (OBI).
Oil prices dropped yesterday as economic data from China and Europe renewed concerns about a slowdown in global demand.
The gold spot price rose to its highest level this year yesterday as global equity markets started the quarter with strong rises.
Exchange Traded Product flows reached their highest monthly level in almost four years in September as investors piled into passives.
Capital Platform has launched a proposition designed to make research, compliance and investment into alternative products as efficient as possible for intermediaries.
Two investor groups set up to help recover assets from life settlements provider ARM Asset Backed Securities have clashed over allegations of "misinformation."
A FINE MESS
The Financial Services Authority (FSA) has hinted it may impose stricter regulatory requirements on firms recommending traded life policy investments (TLPIs) after issuing final guidance stating they should not be promoted to most retail investors.
Daniel Kiernan, director of Intelligent Partnership, explains the case for including some directly held tangible assets in your clients' portfolios.
The Treasury has again rejected calls to allow more alternative investment market (AIM) shares in individual savings accounts (ISAs).
The Financial Services Authority (FSA) is to review its restrictions on the marketing of unregulated collective investment schemes (UCIS) to retail investors as a result of proposed European rules.
The Financial Services Authority (FSA) should as a matter of urgency retract its references to traded life policies (TLPs) as "toxic", EEA Fund Management has said.
Tony Hales, managing director of Stadia Trustees, puts forward the case for including farmland in your clients' SIPPs.
Law firm Pannone is offering pro bono legal advice to Arch Cru investors to help them recover the millions of pounds lost in the fund range.