The Financial Conduct Authority (FCA) is reviewing the market for preference shares following the debacle surrounding Aviva and its plans to cancel preference shares at par value, which were subsequently scrapped.
In a Dear CEO letter, published by the FCA today and sent to issuers of listed irredeemable preference shares, the regulator said it is scrutinising the market for ‘permanent' fixed income shares, such...
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
Senior Managers Regime
Interest rate outlook unchaged
FCA made demands last week