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News

Regulation

RBS referred to regulator over 'horrendous' treatment of small firms

Evidence of Royal Bank of Scotland's (RBS') treatment of small businesses has been passed to financial regulators by business secretary Vince Cable, according to reports.

clock 24 November 2013 •

Regulation

Comparison sites under FCA investigation

Comparison sites are facing an investigation by the Financial Conduct Authority (FCA) to ensure consumers are not "being misled".

clock 24 November 2013 •

Investment

SFO charges Arck former partners with fraud and forgery

Two former partners of Arck, Kathryn Joy Clark and Richard Aston Clay, have today been charged with fraud and forgery offences by the Serious Fraud Office and Nottinghamshire Police.

clock 22 November 2013 •

Investment

Over a quarter of Britons approaching 50 'have no retirement savings'

As many as 26% of people approaching the age of 50 have no pension or retirement savings, according to research published today.

clock 22 November 2013 •

Wrap/platforms

Ascentric AUA passes £7bn milestone

A record year to date performance has taken Ascentric and IFDL past the £7bn milestone for assets under administration.

clock 22 November 2013 •

Income

Skandia: Flex drawdown surge proves annuities not the only option

Skandia has seen a rapid rise in the number of advisers writing flexible drawdown business on its pension platform, with figures up 200% in the past 12 months.

clock 22 November 2013 •

Economics / Markets

US market makes further gains on jobs data

US markets have continued to make gains overnight on the back of positive data on the job market.

clock 22 November 2013 •

Regulation

SJP pays out £1.25m in compensation and redress

St James's Place has paid out £1.25m in compensation and redress to clients after uncovering evidence of serious misconduct by former partner Christopher Bladen.

clock 22 November 2013 •

Economics / Markets

BoE's Dale: Recovery has 'number of years to go'

The UK economy is heading in the right direction but there are a "number of years to go" before a full-blown recovery can be called, Bank of England (BoE) chief economist Spencer Dale has said.

clock 22 November 2013 •

Investment

Aviva Investors to cut 6% of its workforce

Aviva Investors is to cut 6% of its workforce around the globe as part of parent company Aviva Group's major cost-cutting plans.

clock 22 November 2013 •
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