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News

Regulation

Coutts sets aside £110m to cover potential advice redress

Coutts has put aside £110m to compensate clients who may have been sold unsuitable investments over the past 60 years.

clock 29 August 2014 •

Investment

Capita writes to Arch Cru clients over redress blunder

Capita's administration arm has written to a number of Arch Cru investors asking them to return money from the redress scheme, after the payouts breached tax rules.

clock 29 August 2014 •

Regulation

A web of deceit: How one IFA's trickery led to his downfall

A web of deceit: How one IFA's trickery led to his downfall

clock 29 August 2014 •

Regulation

FCA hits London adviser with £350k fine for mis-selling UCIS

The Financial Conduct Authority (FCA) has fined the director of a London advice firm £350,000 and banned him from practising for mis-selling high risk unregulated collective investment schemes (UCIS).

clock 29 August 2014 •

Investment

Savers plough £5bn into New ISAs in July

Almost £5bn flew into ISAs in the space of only a month as savers rushed to take advantage of new rules allowing them to save up to £15,000 tax free.

clock 29 August 2014 •

Economics / Markets

CBI chairman warns of 'enormous' risks with Scottish Yes vote

Britain's economic recovery will be at risk if Scotland votes for independence next month, the president of Britain's biggest business lobby has warned.

clock 29 August 2014 •

Income

Two thirds of retirees to stay in employment - survey

Two thirds of employees approaching retirement are planning to stay in either paid or unpaid work once they retire from their full-time jobs, a survey suggests.

clock 29 August 2014 •

Economics / Markets

Japan's economy signals stagnation and weakness

Japan's economy has shown signs of stagnation and some weakness as households spent less and factory output stayed flat in July.

clock 29 August 2014 •

Charging

Vanguard cuts charges on 25 funds as tracker price war hots up

Vanguard is to cut charges on 25 UK and Irish-domiciled funds, including its LifeStrategy range, as it responds to recent price cuts from other providers in the tracker space.

clock 28 August 2014 •

Your profession

West Bromwich director Hopwood departs

West Bromwich Building Society sales and marketing director Richard Hopwood has left the business following a restructure of its executive team.

clock 28 August 2014 •
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