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News

Regulation

Update: Arch CEO denied right to appeal High Court ruling

Arch Financial Products chief executive Robin Farrell has been denied the right to appeal a High Court judge's ruling that he is guilty of dishonesty and his firm of negligence in the management of the failed Arch cru fund range.

clock 18 December 2014 •

Investment

Media mogul Desmond wins settlement from GLG and Credit Suisse

Media tycoon Richard Desmond has agreed to settle his £42m court case against Credit Suisse and GLG, accepting a significant settlement figure, according to reports.

clock 18 December 2014 •

Investment

Govt lost £180m on Royal Mail privatisation - report

The government's privatisation of the Royal Mail was underpriced by £180m, a report commissioned by Business Secretary Vince Cable has suggested.

clock 18 December 2014 •

Equities

Government reveals fresh plans to sell down Lloyds stake

The UK government is to sell another tranche of shares in Lloyds Banking Group as it moves to return the bank to private ownership.

clock 17 December 2014 •

Critical Illness

ABI eyes fewer declined CI claims after updating guidelines

The Association of British Insurers (ABI) has updated its guidelines on how critical illness (CI) policies should be described and explained to consumers, in a move it hopes will ultimately lead to fewer declined claims.

clock 17 December 2014 •

Regulation

Jailed adviser banned by FCA

A financial adviser who was jailed for stealing from his pensioner clients has been banned from working in financial services by the Financial Conduct Authority (FCA).

clock 17 December 2014 •

Retirement

Charges in workplace DC schemes revealed

Here they are… The key findings of the Independent Project Board's final report into the charges and benefits in workplace defined contribution schemes, published today.

clock 17 December 2014 •

Equities

Allianz GI opens flagship funds to UK retail investors

Allianz Global Investors has opened several flagship strategies to UK retail investors with the addition of a new sterling clean share class.

clock 17 December 2014 •

Equities

Swiss firm targets UK retail clients with RDR share class

Swiss asset manager Unigestion is expanding its presence in the UK to retail and intermediary clients by launching an RDR-compliant share class on a range of funds.

clock 17 December 2014 •

RDR

The FCA's guide to good and bad practice in ongoing advice

The Financial Conduct Authority (FCA) has outlined a number of good and bad practice scenarios around the design and delivery of ongoing advice.

clock 17 December 2014 •
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