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Regulation

Investment

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.

clock 11 February 2014 •

Regulation

More than 5,000 suspensions in financial services since crisis

More than 5,000 financial advisers, brokers and bankers have been sacked or suspended since the beginning of the financial crisis, according to Financial Conduct Authority (FCA) figures.

clock 11 February 2014 •

Regulation

FSCS to compensate 400 savers after credit union collapse

The Financial Services Compensation Scheme (FSCS) is to pay out £100,000 to around 400 savers after a Kent-based credit union collapsed.

clock 11 February 2014 •

RDR

Acquisitive London IFA Bradbury Hamilton targets Midlands

Bradbury Hamilton, a London IFA that bought seven client banks last year and has completed almost 50 deals since inception in 1993, has targeted the Midlands for its next phase of buy-out activity.

clock 10 February 2014 •

Regulation

HMRC warns on email phishing scams

HM Revenue and Customers has issued a warning to taxpayers not to be caught out by email phishing scams offering tax rebates in return for bank account or credit card details.

clock 10 February 2014 •

Adviser tips

Armchair critic: Dear IFAs, do you not want my business?

Our armchair critic wants more advisers to embrace direct marketing

clock 10 February 2014 •

Regulation

Former Santander adviser handed 11-year bankruptcy restriction

Former Santander adviser Christopher Wathen has been handed an 11-year bankruptcy restriction after he was jailed for stealing clients' money and using it to fund his lifestyle and to gamble.

clock 07 February 2014 •

Regulation

FCA adds former Goldman Sachs MD to supervision unit

The Financial Conduct Authority (FCA) has appointed former Goldman Sachs managing director James Kelly as an adviser in its wholesale banking and investment management division within the supervision unit.

clock 07 February 2014 •

Wrap/platforms

Can re-reg keep pace with platform product development?

Will product developments leave re-registration progress standing?

clock 07 February 2014 •

Adviser tips

So, what can advisers accept from providers?

Examining what final FCA guidance on inducements and conflicts of interest means for advisers...

clock 06 February 2014 •
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