Regulation
RDR
A Conservative Peer has criticised fellow politicians for failing to question the Retail Distribution Review (RDR) commission ban and warned of the unintended consequences.
21 August 2012
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Regulation
The Financial Services Compensation Scheme (FSCS) has declared 21 investments firms in default, including a number of independent financial advisers and mortgage brokers.
21 August 2012
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Regulation
Former Polly Peck International (PPI) owner Asil Nadir has been found guilty of stealing a total of more than £5.5m from the company in 1989 and 1990.
21 August 2012
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Regulation
A former investment banker and his wife have been ordered to pay more than £1.5m for their benefits from insider dealing and warned they may have to serve extra jail time if they fail to do so.
20 August 2012
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Tax Planning
Her Majesty's Revenue & Customs (HMRC) said it has prevented some £200m from being diverted from the Exchequer after winning three court decisions against tax avoidance schemes.
20 August 2012
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RDR
The Retail Distribution Review (RDR) will have "clear detrimental effects" on the accessibility of financial advice and lower overall savings rates, Lord Flight has warned.
20 August 2012
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Regulation
Small firms caught up in the mis-selling of complex interest rate derivative products face up to a nine month wait to hear if they qualify for compensation.
20 August 2012
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Investment
The Financial Services Authority (FSA) is launching a series of seminars to explain its latest guidance on centralised investment propositions (CIPs) and replacement business to financial advisers.
20 August 2012
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