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News

Regulation

Consumer Panel piles pressure on FSA to act on incentives

The Financial Services Consumer Panel (FSCP) has hit out at the Financial Services Authority (FSA) for a "record of procrastination", and has called on it to take immediate action against firms whose incentive schemes are to the "detriment of consumers"....

clock 15 November 2012 •

Investing in the profession

Stella McCartney talks undies with finance guys

British fashion designer Stella McCartney is in talks with three finance professionals about designing their long johns for the City Endeavour North Pole charity trek.

clock 15 November 2012 •

Economics / Markets

Eurozone slides into double-dip recession

The eurozone has officially entered recession, the latest GDP data shows, as growth in core economies was offset by a surprisingly weak figure from the Netherlands.

clock 15 November 2012 •

Regulation

FSA to scale down consultation papers

The Financial Services Authority (FSA) is to produce fewer and more concise consultation papers in an attempt to better connect with firms.

clock 15 November 2012 •

RDR

L&G reveals adviser charging offering for post-RDR world

L&G has unveiled its plans for adviser charging post-RDR, which include facilitated adviser charging and the removal of commission.

clock 15 November 2012 •

Economics / Markets

Moody's: Triple-dip recession would cost UK its AAA-rating

Global credit ratings agency Moody's has warned the UK is at risk of losing its AAA status should the economy slide into a triple-dip recession.

clock 15 November 2012 •

Economics / Markets

Dow sheds 180 points on fears of US impasse

US indices slumped overnight as prospect of politicians at loggerheads over the fiscal cliff continued to worry investors.

clock 15 November 2012 •

Investment

Keydata FOS claimants fear hitting statute of limitations

At least 80 Keydata investors are concerned they will not have recourse to the courts if their claims at the Financial Ombudsman (FOS) fail to fully compensate them, because the service is taking so long.

clock 15 November 2012 •

Regulation

FSA issues largest ever retail fine against protection firm

The Financial Services Authority (FSA) has issued its joint largest retail fine of £10.5m to Card Protection Plan Limited (CPP) for mis-selling insurance products.

clock 15 November 2012 •

Your profession

Resolution's UK business value up 155%

Resolution Group has reported new business of £138m for the first nine months of the year, up 45% from £95m for the same period last year, led by an 155% increase in the company's UK operations.

clock 15 November 2012 •
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