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News

Offshore Investment

Qatar consults on new insurance rules

The Qatar Financial Centre Regulatory Authority has opened up a consultation process on the state's proposed rule changes which will update and strengthen the regulatory regime for (re)insurance business aligning it more closely with international best...

clock 23 April 2013 •

Economics / Markets

Towry continues aggressive expansion with more hires

Towry has added to a growing list of new arrivals, as the firm plans to expand through acquisitions following an aborted float.

clock 23 April 2013 •

Investment

DWP reveals automatic small pot transfer system

The Department for Work and Pensions has confirmed it will create an ‘automatic transfer' system for small pots of less than £10,000, allowing workers to take their pensions with them from job to job.

clock 23 April 2013 •

Critical Illness

Skandia enters CI arena as advisers 're-prioritise' protection

Skandia has launched a critical illness (CI) product as many advisers "re-prioritise" protection following changes to retail investment advice made after the Retail Distribution Review (RDR).

clock 23 April 2013 •

Wrap/platforms

Novia warns advisers over claims firm menace

Novia has warned its users that basic errors like failing to use a client's full ISA allowance could lead to legal action from increasingly aggressive claims management companies (CMCs).

clock 23 April 2013 •

Economics / Markets

Treasury warns of risk to sterling if Scotland gains independence

The Treasury has warned an independent Scotland could have dire implications for sterling, leaving the UK pound vulnerable to speculators.

clock 23 April 2013 •

Regulation

Regulator steps in over RBS mis-selling case

The Financial Conduct Authority (FCA) has intervened in a test case in which the Royal Bank of Scotland (RBS) is accused of mis-selling interest rate swaps.

clock 23 April 2013 •

Income

Every little helps: Tesco to enter annuity comparison arena

Tesco is awaiting regulatory approval to launch an online annuity comparison service, though it does not plan to launch own-brand annuity products.

clock 23 April 2013 •

Your profession

Mattioli Woods buys Ashcourt Rowan pensions admin units in £1.3m deal

Wealth manager Mattioli Woods has acquired the pension administration business of Ashcourt Rowan in a deal which could be worth more than £1.3m.

clock 23 April 2013 •

Economics / Markets

FTSE climbs as banks rise on Italian election result

The FTSE 100 continued to recover today as banks lifted the index higher on signs that some of the instability in Europe is coming to an end.

clock 22 April 2013 •
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