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News

Investment

US releases final FATCA rules

The US authorities have released their final set of rules on the FATCA regime designed to prevent tax evasion among US citizens with assets in offshore accounts.

clock 18 January 2013 •

Investing in the profession

AXA Life Europe expands unit-linked range

Axa Life Europe has launched a unit-linked guaranteed range to equip advisers with different retirement options for their clients.

clock 18 January 2013 •

Investment

Single-tier pension implementation to cost £265m

The implementation of the single-tier state pension will cost the exchequer £265m, according to official figures released today.

clock 18 January 2013 •

Regulation

FSA to consider time limit for PPI

The Financial Services Authority (FSA)is considering introducing a time limit for Payment Protection Insurance (PPI) complaints after being approached by the British Bankers' Association (BBA).

clock 18 January 2013 •

Long Term Care

LTC advisers should have minimum quals, says Partnership

Partnership has outlined a minimum level of qualification for advisers engaging in long term care advice and is hopeful this will be enshrined in law.

clock 18 January 2013 •

Wrap/platforms

Platforms consider FSA complaint over Cofunds re-reg policy

Some of the UK's major platforms are considering writing to the Financial Services Authority (FSA) to complain about Cofunds, arguing the largest fund platform in the country is prohibiting easy re-registration.

clock 18 January 2013 •

Regulation

Providers to part-fund advisers' FSCS costs in FSA u-turn

Providers including banks and insurance companies may be forced to part-fund compensation costs sparked by the failure of intermediaries, after the Financial Services Authority (FSA) re-drafted proposals on funding the Financial Services Compensation...

clock 18 January 2013 •

Investment

Skinner exits Henderson and Peak relinquishes fund in latest re-shuffle

Mark Skinner, director of European retail at Henderson, has left the business as part of the latest re-shuffle at the asset manager.

clock 18 January 2013 •

Investment

Armour appointed Invesco Perpetual CEO as Robertson retires

Invesco Perpetual has announced Mark Armour will take over as CEO at the end of this year, following the retirement of James Robertson.

clock 18 January 2013 •

Your profession

Openwork extends deal with Newcastle Financial Services

Newcastle Financial Services (NFS), a subsidiary of Newcastle Building Society has renewed its contract with the Openwork network for a further five years.

clock 18 January 2013 •
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