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News

Investment

Co-op Bank's biggest hedge fund investor sells almost entire stake

Aurelius Capital, the largest hedge fund investor in the Co-op Bank, has sold down almost its entire stake to rival Perry Capital.

clock 29 November 2013 •

Property Investment

House prices surge nearly 9% in London

The yawning property gap across England and Wales has highlighted again as figures showed house prices surging nearly 9% in London while values are still on the slide in the North.

clock 29 November 2013 •

Your profession

Nine IFAs pick up coveted Gold Standard Awards

Nine independent financial advisers were among the 35 businesses to pick up a Gold Standard Award 2013.

clock 28 November 2013 •

First time buyers

BoE to turn off Funding for Lending tap for mortgages

The mortgage aspect of the Funding for Lending Scheme (FLS) is to be discontinued in light of improved market conditions.

clock 28 November 2013 •

Regulation

Gummer: We need to stop bad advisers popping up elsewhere

The Financial Conduct Authority (FCA) needs to ensure people who have been shut out of the advice space can't return and "make a monkey" out of the system, the Association of Professional Financial Advisers (APFA) chairman has said.

clock 28 November 2013 •

Regulation

FCA further delays SIPP capital adequacy proposals

The Financial Conduct Authority (FCA) has further delayed the publication of its proposals for new capital adequacy requirements for self-invested personal pension (SIPP) providers, saying it wanted to factor in the findings of its current thematic review...

clock 28 November 2013 •

Investment

Miton makes Williams co-manager on Mott's Income fund as Cumming exits

Miton's Gervias Williams has been appointed co-manager of Bill Mott's PSigma Income fund as part of a reshuffle which sees Neil Cumming exit the group.

clock 28 November 2013 •

Regulation

Property scheme endorsed by ex-Man United footballer falls into liquidation

The High Court has ordered into liquidation a property investment scheme promoted by former Manchester United footballer Lee Sharpe.

clock 28 November 2013 •

Regulation

Trail commission ban could 'sound death knell' for advisers - Panacea

A ban on pre-Retail Distribution Review (RDR) trail commission threatens to make business unsustainable for nearly half of advisers, according to research from GfK and Panacea Adviser.

clock 28 November 2013 •

Offshore Investment

Embracing change proves a winning formula

An increased focus on governance and social responsibility proved timely for this year's Gold Standard Awards, as interest in how companies in the financial services sector conduct themselves gathers pace

clock 28 November 2013 •
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