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News

Investment

Barclays to review Sesame Bankhall business for Friends Life

Sesame Bankhall has confirmed Barclays has been appointed to review "strategic options" for the group, seemingly confirming industry speculation that parent Friends Life is putting the network up for sale.

clock 11 February 2013 •

Long Term Care

Labour: LTC reforms will not stimulate insurance market

Labour has challenged the health secretary's claims that the introduction of a cap on care fees would kick-start insurance solutions.

clock 11 February 2013 •

Tax Planning

Barrister guilty of tax £600k fraud spent money on luxury homes

A barrister who failed to pay more than £600,000 in value added tax (VAT) that he instead spent on luxury homes has been convicted for tax fraud.

clock 11 February 2013 •

Investment

Former SWIP manager Charles joins Thurleigh

Former SWIP UK equities manager Jeremy Charles has joined wealth management boutique Thurleigh Investment Managers.

clock 11 February 2013 •

Long Term Care

Friends Life launches LTC tool

Friends Life is launching of a suite of online tools for advisers to assist them in advising clients on long term care solutions, particularly those receiving or about to receive care.

clock 11 February 2013 •

Equity release

LV= launches equity release adviser training

LV= is launching a three-step training programme for IFAs who are considering advising on equity release.

clock 11 February 2013 •

Investment

Govt to simplify auto-enrolment process

The government has confirmed it will consult on proposals to make the process of automatic enrolment simpler.

clock 11 February 2013 •

Regulation

FSA wins legal battle against illegal land banking scheme

The High Court has ruled two men and their two firms, Asset Land Investments and Asset L.I., ran a £15m illegal land bank by operating a collective investment scheme without Financial Services Authority (FSA) authorisation.

clock 11 February 2013 •

Wrap/platforms

FundsNetwork stalls on investment trust listing

Fidelity FundsNetwork has admitted a backlog of developments has led to delays in the listing of investment trusts (ITs) on the platform.

clock 11 February 2013 •

Investment

Connaught investors prepare for TV appearance

Pension investors in the failed Connaught Series 1 fund are being urged to take part in a TV programme to highlight their plight.

clock 11 February 2013 •
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