Square Mile Securities Limited has been declared 'in default', leaving other adviser firms to stump up the cash to pay for compensation claims.
The Financial Services Compensation Scheme (FSCS) says the firm is unlikely to be able to pay the costs of compensation, estimated at up to £15m. However, those firms in the investment intermediaries...
First of a number of acquisitions
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.
West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.
Employers need to do more to inform employees unaware of auto-enrolment Scottish Widows research shows.
Naomi Osinnowo asks what needs to be done to get people to engage with retirement planning.
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CETV could be delayed too
4% said ESG mattered "a lot"