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Specialist

Investment

Law firm to pursue 67 advisers embroiled in Alpha Bank case

A London law firm is pursuing 67 financial advisers who recommended clients invest hundreds of thousands of pounds in off-plan Cypriot properties which have either failed to be built or have plummeted in value.

clock 21 January 2013 •

Investment

Securities body issues guidance for sale of complex products

The International Organization of Securities Commissions (IOSCO) has published guidance for intermediaries who advise on complex financial products, including a report detailing nine principles on best practice.

clock 21 January 2013 •

Investment

FSA warns advisers over UCIS in SIPPs

The Financial Services Authority (FSA) has issued a warning to advisers who recommend that clients invest in unregulated collective investment schemes in their self-invested personal pensions (SIPPs).

clock 21 January 2013 •

Investment

FSA issues warning to IFAs on Harlequin Property

The Financial Services Authority (FSA) has issued a warning to financial advisers about investing clients money in Caribbean property through Harlequin Property.

clock 21 January 2013 •

Investment

Invest in an MBA student and earn 5%

An innovative scheme allows investors to back bright students who are an excellent credit risk and have an exceptionally low default rate.

clock 21 January 2013 •

Property Investment

NEST eyes property investment exposure

The National Employment Savings Trust (NEST) is looking for fund managers to run mandates in both UK direct and global listed real estate.

clock 15 January 2013 •

Offshore Investment

AIC warns more products could be caught by UCIS ban

The Association of Investment Companies (AIC) has warned offshore investment trusts and UK REITs could be under threat from Financial Services Authority (FSA) proposals to ban promotions of unregulated collective investment schemes (UCIS) to ordinary...

clock 14 January 2013 •

Investment

SPL sues former Arch Cru auditor for £3.7m

SPL Guernsey, the manager of what were the Arch Cru funds, is suing the former auditor of the fund range for £3.7m for breaches of duty in relation to the fund's accounts.

clock 11 January 2013 •

Investment

Why the FSA's Arch Cru scheme will have a 90% take-up

MISCALCULATION

clock 10 January 2013 •

Alternative Investments

SIPP providers 'suspend transactions' with £200m Caribbean property investment

A number of self-invested personal pension (SIPP) providers have stopped taking investments into Caribbean property fund Harlequin Properties according to its biggest UK distributor, after concerns about it were raised by a law firm.

clock 08 January 2013 •
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