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News

Economics / Markets

Bank reforms not tough enough, MPs tell Osborne

The Commission on Banking Standards has told the government its plans to reform the UK's banking sector are not strict enough.

clock 11 March 2013 •

Offshore Investment

Dubai FSA warns on email scam

Dubai's Financial Services Authority (DFSA) has been forced to issue another alert to both the financial services community and members of the public of an email scam distributed in its name.

clock 11 March 2013 •

RDR

RDR named 'most significant' global advice change

The Retail Distribution Review (RDR) and a similar regulatory upheaval in Australia represent the most significant changes to the global financial advice industry in 2013, according to an influential US report.

clock 11 March 2013 •

Regulation

Tyrie writes to FSA over Bank of Ireland rate rise

Andrew Tyrie, the chairman of the Treasury Select Committee (TSC), has written to the Financial Services Authority (FSA) over a decision by the Bank of Ireland (BoI) to raise mortgage interest rates.

clock 11 March 2013 •

Offshore Investment

Confidence knock for Cypriot banking sector

The stark warning from Cyprus' outgoing finance minister that the island will run out of money come May has panicked depositors into withdrawing funds and causing the new finance minister to issue his own warning that the Cypriot banks will be at risk...

clock 10 March 2013 •

Business

Baigrie pans providers' 'petty theft' of advisers' clients

Tom Baigrie, the chief executive of protection broker LifeSearch, has hit out at product providers for pretending to "police" advisers' relationships with their customers, a practice he dubbed "institutional petty theft".

clock 08 March 2013 •

Wrap/platforms

Standard Life hit by fund pricing error

Standard Life is investigating an error that has left thousands of advisers being quoted inflated fund prices on a number of platforms.

clock 08 March 2013 •

Mortgages

Tyrie calls for FSA probe over Bank of Ireland mortgage hike

The Bank of Ireland has come under fresh fire for raising the rates of its tracker mortgages after Andrew Tyrie, the chairman of the influential Treasury Select Committee (TSC), wrote to Martin Wheatley, managing director of the Financial Services Authority...

clock 08 March 2013 •

Wrap/platforms

The Platforum dismisses unit rebate ban 'rumour mill'

Consultancy The Platforum has dismissed speculation the Financial Services Authority (FSA) is set to ban unit rebates as part of its platform paper.

clock 08 March 2013 •

Regulation

Yorkshire and Clydesdale leave advice market

Yorkshire and Clydesdale have confirmed that they will be joining a host of other high street banks to exit the advice market.

clock 08 March 2013 •
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