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News

Long Term Care

Life offices must track down old LTC policies - Symponia

Symponia is calling for life offices who sold pre-funded long-term care plans to help families of policyholders track down forgotten or unknown policies.

clock 28 January 2013 •

Investment

Insurers warn NEST could lose focus without restrictions

Insurers have warned against "distracting" the National Employment Savings Trust (NEST) from its original purpose by lifting government-imposed restrictions.

clock 28 January 2013 •

Investment

L&G appoints Simon Gadd chief risk officer; Kerrigan Procter head of annuities

Legal & General (L&G) has appointed Simon Gadd as chief risk officer, and Kerrigan Procter as managing director of the group's annuities business.

clock 28 January 2013 •

Investment

Due diligence: what you need to know to appease the FSA

Advisers need to look at the product first and the client second when they are doing due diligence to meet the "very high" standards the Financial Services Authority (FSA) expects, according to Regulatory Legal, a law firm specialising in financial services...

clock 28 January 2013 •

Investment

Consumer groups demand end to NEST restraints

A group of consumer organisations, employers and trades unions have demanded that the government lifts the restrictions on the National Employment Savings Trust (NEST).

clock 28 January 2013 •

Economics / Markets

Tribunal upholds FSA decision to fine firm £8m for market abuse

The Upper Tribunal (Tax and Chancery Chamber) has directed the Financial Services Authority (FSA) to fine Swift Trade, a non-FSA authorised Canadian company with global operations, £8m for market abuse.

clock 28 January 2013 •

Investment

Ex-Schroders UK Private Bank chief Robinson joins Signia

Rupert Robinson, former chief executive of Schroders UK Private Bank, has joined Signia Wealth to spearhead the company's expansion plans.

clock 28 January 2013 •

Economics / Markets

Are your clients' funds stuck on Bestinvest's dog list?

The number of assets in underperforming 'dog' funds has more than halved since last summer, but more than £12bn remains stuck in such offerings, according to Bestinvest's latest 'Spot the Dog' list.

clock 28 January 2013 •

Equities

Majedie launches UK Income fund

Majedie Asset Management has launched a UK Income fund for manager Chris Reid.

clock 28 January 2013 •

Equities

Threadneedle and Schroders 'in talks' over RBS branches

Threadneedle and Schroders are among the City firms that have been approached about buying a stake in the 316 Royal Bank of Scotland (RBS) branches the bank has put up for sale, according to reports.

clock 28 January 2013 •
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