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News

Regulation

Judge warns FCA against 'hindsight' in Arch case

Judge Timothy Herrington, who is overseeing the Tribunal hearing of Arch Financial Products (AFP) directors Robin Farrell and Robert Addison, said on Tuesday he had "to be careful not to apply hindsight" when assessing the firm's investment decisions...

clock 21 May 2014 •

Your profession

LEBC compliance director Shelton retires

Peter Shelton, research and compliance director at national IFA LEBC Group, is to retire after more than 40 years in financial services.

clock 21 May 2014 •

Pensions

Budget pension changes dubbed 'strange' by committee chairman

Dame Anne Begg has criticised the government for launching a major overhaul of the pension system without considering the long-term effect.

clock 20 May 2014 •

Regulation

FCA accuses Arch directors of 'evasive' answers at Tribunal hearing

The Financial Conduct Authority (FCA) on Tuesday accused Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison of giving inconsistent and vague evidence in their appeal against a regulatory ban and fine...

clock 20 May 2014 •

Pensions

Aviva halts initial commission on workplace pension schemes

Aviva will stop paying initial commission to advisers on company pension scheme business from the end of this year.

clock 20 May 2014 •

Regulation

Tribunal upholds FCA ban on mortgage broker

A decision by the Financial Conduct Authority (FCA) to ban a mortgage broker for a lack of integrity has been upheld by the Upper Tribunal.

clock 20 May 2014 •

Equities

Smith & Williamson launches '30/30/30' EM fund

Smith & Williamson has launched an emerging markets value fund, to be managed by Richard McGrath.

clock 20 May 2014 •

Economics / Markets

UK CPI inflation rises to 1.8% in April

The UK CPI inflation rate rose in the year to April, the first increase in ten months, according to the Office for National Statistics (ONS).

clock 20 May 2014 •

Tax Planning

Credit Suisse to pay $2.6bn after pleading guilty to tax evasion

Credit Suisse is to pay fines of $2.6bn (£1.6bn) after pleading guilty to helping US clients evade tax.

clock 20 May 2014 •

Investment Trusts

Revealed: The most consistent top performing investment trusts of the past decade

UK smaller company funds have once again dominated the list of the most consistently top performing investment trusts of the last decade, a study has revealed.

clock 20 May 2014 •
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