News

A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.

Alain Grisay, the former chief executive of F&C Asset Management, has passed away.

The Financial Conduct Authority (FCA) has warned a bank manager that it intends to take action against him for failings in relation to an interest rate benchmark.

Senior pension industry figures and high level regulators have formed a group dedicated to halting the proliferation of pension liberation.

Data provider and ratings service FE plans to take a minority stake in Richard Romer-Lee's Square Mile Investment Research as the companies launch a strategic partnership.

Tax avoiders who try to use complicated schemes to cut their bills could face huge penalties after a landmark legal case.

Lloyds Banking Group says it is increasing its provision for the mis-selling of payment protection insurance (PPI) by another £1.8bn, bringing the total to nearly £10bn.

Treasury Select Committee chairman Andrew Tyrie has written to the Financial Conduct Authority chief executive Martin Wheatley calling on the regulator to do more to crack down on poor practices in banks linked to sales incentives and remuneration.

The Financial Conduct Authority (FCA) is to appear before the Treasury Select Committee (TSC) for its bi-annual grilling next week.

The Financial Conduct Authority (FCA) has green-lighted its proposed ban on referral payments from discretionary fund managers (DFMs) to financial advisers for top-up business from existing clients.