ScotAm fine dominates papers - Friday 7th March

Professional Adviser
clock

Most newspapers are this morning following up news of Scottish Amicable's £750,000 fine from the FSA...

Most newspapers are this morning following up news of Scottish Amicable's £750,000 fine from the FSA yesterday for mortgage endowment mis-selling. However, there seems to be little else happening in the finance sector, except for those with an interest in stock trading. Other news suggests proposals from the Higgs report - to reform the set-up of UK boardrooms, is likely to be watered down after protest from FTSE 100 companies, says the Times. Officials at the Financial Reporting Council, the body which drew up the corporate governance rules, say some aspects of the plans cou...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •