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News

Managed solutions

Old Mutual to launch multi-asset range for Buxton and fellow managers

Old Mutual Global Investors is to launch a multi-asset range, offering a range of risk and return profiles, in February next year.

clock 20 December 2013 •

Regulation

RBS clashes with Sants over rights issue lawsuit

Royal Bank of Scotland's (RBS) defence against a £4bn lawsuit from shareholders contradicts evidence given to MPs by former Financial Services Authority (FSA) boss Hector Sants, it has emerged.

clock 20 December 2013 •

Regulation

MPs push for payday loan advert ban on children's TV

A committee of MPs has called for a ban on payday loan advertising on children's television, but the industry has dismissed their concerns.

clock 20 December 2013 •

Investment

Harlequin investor trust 'to be established by Jan 2014'

A trust designed to safeguard the assets of investors in troubled overseas property company Harlequin is on course to be set up by the end of January 2014, the company has said.

clock 19 December 2013 •

Regulation

Which? awarded 'super-complainant' status

Consumer group Which? is among four organisations awarded ‘super-complainant' status by the government, meaning it has the power to present complaints to the Financial Conduct Authority (FCA), which must respond.

clock 19 December 2013 •

Investing in the profession

Phil Billingham: We need a fresh start - who's with me?

The financial services industry can learn a thing or two about trust, forgiveness and reconciliation from the departed Nelson Mandela, argues Phil Billingham…

clock 19 December 2013 •

Regulation

Harlequin: FSCS contacts clients of major distributor Tailormade

The Financial Services Compensation Scheme (FSCS) has begun contacting clients of failed firm Tailormade, which was a major distributor of troubled overseas property company Harlequin Property.

clock 19 December 2013 •

Regulation

FCA fines insurance broker £1.8m for bribery risk control failings

The Financial Conduct Authority (FCA) has fined insurance broker JLT Specialty £1.8m for an "unacceptable" approach to bribery & corruption risks from overseas payments.

clock 19 December 2013 •

Economics / Markets

Taper surprise: US stocks jump as Fed scales back QE

US markets soared to new all-time highs on Wednesday as the Federal Reserve made a surprise early move to gradually scale back quantitative easing.

clock 19 December 2013 •

Investment

Woodford to team up with Oakley Capital for new venture

Neil Woodford is to join forces with investment firm Oakley Capital when he leaves Invesco Perpetual next April.

clock 19 December 2013 •
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