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News

First time buyers

FCA may restrict lenders' ability to alter mortgage terms

The Financial Conduct Authority (FCA) may restrict the changes lenders can make to mortgage contracts after assessing the fairness of the existing regulations.

clock 07 July 2014 • 1 min read

Income

'Disconnected' pension savers need better provider support

Savers care greatly about building up retirement income but feel ‘disconnected' from the current pensions system and need greater support from providers, research has found.

clock 07 July 2014 • 1 min read

Equities

Spot the difference: Woodford reveals top ten holdings

Neil Woodford's top ten holdings in his Woodford Equity Income fund contain few surprises, with AstraZeneca, GlaxoSmithKline and British American Tobacco the three largest positions.

clock 07 July 2014 • 1 min read

Regulation

FCA confirms fees for advisers; will not reimburse 'overcharged' fees

The Financial Conduct Authority (FCA) has confirmed advisers' regulatory fees for the next year will be £68m - a near-19% reduction on last year, in its latest policy statement.

clock 07 July 2014 • 2 min read

Tax Planning

Tax dodgers face sleepless nights as HMRC property raids jump 12%

Property searches by HM Revenue & Customs (HMRC) to target tax evasion jumped by 12% to 500 in the last year, according to official data obtained by law firm Pinsent Masons.

clock 07 July 2014 • 3 min read

Regulation

FCA beefs up competition team by 30 staff in one year

The Financial Conduct Authority (FCA) has increased its competition team by 30 staff in the last year, as it prepares to step up its competition investigations and market studies, according to FCA figures obtained by financial services regulatory consultancy...

clock 07 July 2014 • 2 min read

Regulation

SFO launches fraud probe into unregulated property scheme

The Serious Fraud Office is investigating an allegation of fraud against a number of investment funds operated by Stirling Mortimer Global Property fund.

clock 04 July 2014 • 2 min read

Regulation

FCA spends £3m on legal battles against firms

The Financial Conduct Authority (FCA) spent more than £3m on legal representation in its first nine months in office, according to information published on 3 July.

clock 04 July 2014 • 2 min read

Investment

European Wealth hits acquisition trail as assets climb

AIM-listed wealth management group European Wealth reported a rise in assets of nearly a quarter in the first six months of the year.

clock 04 July 2014 • 1 min read

Protection

Protection gap puts six million homes at risk - Friends Life

Six million homes, half of all mortgaged residential property in the UK, could be at risk because the owners are not covered by any form of protection insurance, according to research from life and pensions provider Friends Life.

clock 04 July 2014 • 2 min read
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