Regulation
Investment
The Financial Services Authority (FSA) has fined BlackRock Investment Management (UK) Limited (BIM) £9.5m for client money breaches.
11 September 2012
•
Investment
Barclays' new boss Antony Jenkins has vowed not to break up the bank by axing its investment banking operation.
11 September 2012
•
Regulation
More than half of the UK population has never received financial advice or cannot recall receiving any, research from the Money Advice Service (MAS) has suggested.
11 September 2012
•
RDR
The Financial Services Authority (FSA) has underlined the importance of advisory firms carrying our cost comparisons when undertaking replacement business.
10 September 2012
•
Regulation
The Financial Ombudsman Service (FOS) is in the market for "exceptional people" to become senior Ombudsmen, on salaries of more than £85,000 plus benefits.
10 September 2012
•
Equities
GLG has unveiled Retail Distribution Review (RDR)-ready unbundled share classes across its UK-domiciled range.
10 September 2012
•
Regulation
Financial service start-ups are facing record wait times for Financial Services Authority (FSA) approval, with the average wait now reaching 22.9 weeks, 9% higher than the previous peak of 21 weeks in Q2 2010.
10 September 2012
•
Regulation
The industry has to find new ways of providing low-cost advice on an ‘industrial scale' after the Retail Distribution Review (RDR), Scottish Widows has said.
10 September 2012
•
