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News

Equities

Neil Woodford: Industry charging active fees for index performance

Neil Woodford has criticised his own industry for charging customers too much and paying managers too high a price for tracker-style performance, in an interview with the BBC.

clock 26 September 2014 •

Regulation

FCA creates 15-strong supervision team to inspect retail funds

The Financial Conduct Authority (FCA) has created a dedicated fund supervision unit to regulate and monitor individual retail funds for the first time, in a bid to better safeguard investors and consumers.

clock 26 September 2014 •

Regulation

Life settlements firm EEA points complainants towards advisers

EEA Group, the company behind the EEA Life Settlements fund, is urging investors who believe they were mis-sold the product to complain to the intermediaries who arranged the sale, following an alert by the Financial Conduct Authority (FCA).

clock 25 September 2014 •

Regulation

FCA about-turns on IFA referrals to specialists

A financial advisory business can permit its advisers to refer clients to specialist colleagues within the company and remain independent, following an about-turn by the Financial Conduct Authority (FCA).

clock 25 September 2014 •

Investment

Hargreaves Lansdown downgraded as rivals continue to emerge

Shares in D2C giant Hargreaves Lansdown fell today after analysts at RBC Capital Markets downgraded the stock on fears its share price will continue to struggle in the face of increasing competition.

clock 25 September 2014 •

Regulation

Barclays, Fidelity and HSBC top FCA investment complaints list

Barclays, Fidelity and HSBC have been flagged by the Financial Conduct Authority (FCA) as the most complained about firms for investments in the first half of 2014.

clock 25 September 2014 •

Regulation

Charles Stanley CEO Howard to step down after 40 years

Charles Stanley chief executive Sir David Howard is to step down following new European Union (EU) rules demanding firms separate the roles of CEO and chairman.

clock 25 September 2014 •

Offshore Investment

Nominate your favourite social investment

Add your vote at this year's Sustainable Investment Awards.

clock 25 September 2014 •

Pensions

TPAS issues pension scam warning as fraud activity increases

The fallout for victims of pension scams will be greater than expected due to under reporting, according to the Pensions Advisory Service (TPAS).

clock 25 September 2014 •

Tax Planning

Labour's £1.2bn mansion tax to hit 100,000 homeowners

More than 100,000 owners of valuable homes would have to pay an average of almost £1,000 a month under Labour's mansion tax plans.

clock 25 September 2014 •
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