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News

Regulation

FCA chief Wheatley paid £610k in 2013-2014

Financial Conduct Authority (FCA) chief executive Martin Wheatley was paid a total of £610,000 in the year to 31 March, with a basic salary of £460,000, figures published today show.

clock 10 July 2014 • 1 min read

Economics / Markets

Fed sets October date for end of QE

The US Federal Reserve has said it will end its purchases of government bonds in October, bringing to a close the quantitative easing (QE) experiment.

clock 10 July 2014 • 1 min read

Economics / Markets

New BoE deputy governor hints at interest rate rise

The Bank of England's new deputy governor, Minouche Shafik, has hinted to MPs that interest rates could be about to go up, the FT reports.

clock 10 July 2014 •

Wrap/platforms

Zurich cuts initial platform charge in fee structure revamp

Zurich has overhauled its platform fee structure and announced a cut in its initial investment charge for all clients.

clock 10 July 2014 • 1 min read

Regulation

FOS uncovers more bad Harlequin advice

The Financial Ombudsman Service (FOS) has uncovered two more cases where self-invested personal pension (SIPP) investors in troubled unregulated overseas property scheme Harlequin received poor advice.

clock 09 July 2014 • 3 min read

Protection

Mothers rank family financial security high priority but few have protection

Seven out of ten mothers rank family financial security among their top priorities but few are taking out protection cover or talking about the impact of their death, according to a study by Aegon.

clock 09 July 2014 • 4 min read

Economics / Markets

Salmond tried to quash Scottish financial services report

Alex Salmond has been accused of pressurising Scottish financial services representatives not to release a report on independence.

clock 09 July 2014 • 2 min read

Economics / Markets

Financial services minister in 'cash for office' row

An offshore financier who is the brother-in-law of financial services minister Andrea Leadsom has donated £816,000 to the Conservative party since she first successfully ran for parliament at the last election.

clock 09 July 2014 • 1 min read

Retirement

RP Poll: Permitted investment list

In this week's quick-fire Retirement Planner poll we ask: Should a permitted investment list be reinstated for SIPP providers?

clock 09 July 2014 •

Income

PA Debate: The rebuttals are in!

The inaugural Professional Adviser Debate has moved on to the rebuttal stage: do you remain convinced that the public will not be able to make informed decisions about their retirement income?

clock 09 July 2014 •
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