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News

Economics / Markets

Fitch downgrades UK to AA+

Ratings agency Fitch has downgraded the UK to AA+ from AAA, citing a weaker economic and fiscal outlook.

clock 19 April 2013 •

RDR

Providers split over benefits of RDR

Product providers are split on whether RDR is having a positive effect on their business according to research from Dunstan Thomas.

clock 19 April 2013 •

Economics / Markets

Ex-Honister adviser sentenced to 18 months in prison

A former Honister Partners adviser charged with evading tax was sentenced to 18 month's imprisonment today following a case brought by Her Majesty's Revenue & Customs (HMRC).

clock 19 April 2013 •

Investment

Harlequin: 34 questions investors desperately want answered

Representatives of the troubled overseas property sales agent Harlequin Property are set to meet investors next week. Here are the questions those with some £200m in the scheme will be putting to Harlequin and urgently want answered.

clock 19 April 2013 •

Regulation

Advisers pitied Sants over 'impossible job'

It will come as little surprise to readers of IFAonline.co.uk that most of your peers believe Hector Sants, the former chief executive of the Financial Services Authority (FSA) and now the highly-paid head of compliance at Barclays Bank, was misguided...

clock 19 April 2013 •

Income

RP Poll: Annuity self-service propositions

In this Retirement Planner quick fire poll we ask: Is the rise of annuity self-service websites a good thing for consumers?

clock 19 April 2013 •

Mortgages

Santander to contact 270k borrowers over mortgage cap rise

The Financial Conduct Authority (FCA) has reached an agreement with Santander UK that will see the bank contact over 270,000 mortgage customers about unclear information it gave before increasing the cap on its standard variable rate (SVR) in 2008.

clock 19 April 2013 •

Wrap/platforms

Axa warns of super-clean 'cartel' between platforms

A breakaway movement of platforms pushing for special share classes could create a ‘cartel' between bigger firms, according to Axa Elevate.

clock 19 April 2013 •

Managed solutions

Artemis hires ex-Henderson manager Casson

Artemis has appointed Henderson's Paul Casson to work alongside Tim Steer, amid a reshuffle at the group which has seen Stephen Yiu exit.

clock 19 April 2013 •

Regulation

PPI compensation hits £9.3bn and counting

Compensation and refunds related to mis-sold payment protection insurance (PPI) have reached £9.3bn, the Financial Conduct Authority (FCA) has said.

clock 19 April 2013 •
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