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News

Regulation

Regulator approves 99.9% of workers since financial crisis

The Financial Services Authority (FSA) blocked just 30 out of a possible 227,000 applications from individuals to join the financial sector in the six years since the banking crisis erupted, a rejection rate of just 0.01%.

clock 12 April 2013 •

Investment

Ex-KPMG partner charged with insider trading

A former senior partner at KPMG has been charged with insider trading after it was alleged he exchanged stock tips for cash and jewellery including a Rolex watch.

clock 12 April 2013 •

Economics / Markets

How to profit from the British love of beer

Despite the prospect of a triple-dip recession and yearly rises in tax on alcohol, the British are still taking to the pub in droves. Annabelle Williams looks at an alternative way to invest in the sector.

clock 12 April 2013 •

Investment

Fidelity's Rossi: dollar bear market is complete

The dollar bear market witnessed over the past ten years is finally over, according to Fidelity's chief investment officer Dominic Rossi.

clock 12 April 2013 •

Investment

Fidelity fixed income chief: beware long-dated assets

Andrew Wells, Fidelity's global CIO for fixed income, has said this year will be about the hunt for income, but warned low interest rates and low growth will be dangerous for investors.

clock 12 April 2013 •

Investment

Investec AM caught in boiler room fraud

Investec Asset Management has warned investors it is being targeted by fraudsters in a boiler room scam.

clock 12 April 2013 •

Managed solutions

Close Brothers adds range to Aegon's adviser platform

Close Brothers Asset Management (CBAM) has entered into a strategic partnership with insurance and pension provider Aegon.

clock 12 April 2013 •

Investment

Investors pile into inflation-linked gilts at auction

Investors flocked to buy index-linked gilts in a Debt Management Office(DMO) auction yesterday, despite real yields being the lowest since the bonds were first offered in the early 1980s.

clock 12 April 2013 •

Regulation

AWD: FSCS levies will 'fall within in two years'

High Financial Services Compensation Scheme (FSCS) levies are the result of legacy industry issues and will "begin to fall within two years", according to AWD Chase de Vere communications director, Patrick Connolly.

clock 12 April 2013 •

Tax Planning

Tax barrister loses court battle to avoid paying HMRC £190k

A tax barrister who designed his own tax avoidance scheme and defended it in court against HM Revenue & Customs (HMRC) has lost his attempt to avoid paying £190,000 in tax.

clock 12 April 2013 •
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