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News

Regulation

Fresh blow for Tesco as FRC announces multi-year investigation

The Financial Reporting Council (FRC) is to investigate several years' worth of Tesco financial statements following the revelation the supermarket overstated profits earlier this year.

clock 22 December 2014 •

Your profession

Engage Mutual merges with Family Investments

Mutuals Engage Mutual and Family Investments have merged, creating a group with a two million strong customer base.

clock 22 December 2014 •

Investment

Old Mutual plans new fund range as it waves goodbye to Skandia

Old Mutual International has completed a rebrand of its business, dropping the historic Skandia brand, and has outlined plans for a new researched fund range following the acquisition of Quilter Cheviot.

clock 22 December 2014 •

Regulation

Ex-Arck director pleads guilty to £50m fraud

A former partner of unregulated property investment Arck LLP has pleaded guilty at Southwark Crown Court to three fraud charges brought by the Serious Fraud Office (SFO).

clock 19 December 2014 •

Income

PA Debate: Who triumphed in the drawdown vs UFPLS debate?

The victor in the latest PA Debate examining whether clients would choose income drawdown over uncrystallised funds pension lump sum (UFPLS) next April has been decided.

clock 19 December 2014 •

Regulation

Final guidance on MiFID II rules unveiled by ESMA

The European Securities and Markets Authority (ESMA) has released its final technical advice on the implementation of MiFID II, covering the use of dealing commission, derivatives, and high frequency trading.

clock 19 December 2014 •

Your profession

Professional Adviser's heroes and villains of 2014

Take a look through our tongue-in-cheek list of this year's saints and sinners

clock 19 December 2014 • 8 min read

Regulation

Govt demands transparency around FCA enforcement action

The government has asked the Financial Conduct Authority (FCA) to be more transparent in its supervision and enforcement actions, in a review released yesterday.

clock 19 December 2014 • 2 min read

Regulation

Govt recovers £1.3bn of taxpayer cash used in Icesave bailout

The government has recovered a further £1.3bn from the Landsbanki estate in Iceland, which operated as Icesave in the UK, following its collapse at the height of the financial crisis.

clock 19 December 2014 •

Regulation

MPs tell FCA: Act now on retirement 'second line of defence' or face fresh mis-selling scandal

The Financial Conduct Authority (FCA) must establish a ‘second line of defence' for retirees ahead of pension freedom or the industry faces another major mis-selling scandal, according to MPs.

clock 18 December 2014 •
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