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News

Regulation

RBS could face £500m fine over role in Libor rate-rigging

Royal Bank of Scotland is facing the prospect of a £500m fine over its role in the Libor interest rate-rigging scandal.

clock 16 January 2013 •

Economics / Markets

Lloyds and RBS need billions more capital, BoE says

Britain's bailed-out banks need billions of pounds more capital to shore up their balance sheets and support the economy, senior Bank of England officials have warned.

clock 16 January 2013 •

Managed solutions

The ol' bird-in-hand theory: new considerations on risk appetite

With a little help from a decades-old theory, Caspar Rock, CIO at Architas, assesses the very real differences between client risk appetite and capacity for loss

clock 15 January 2013 •

RDR

L&G: banks will come back to advice

Banks will see the opportunities in giving advice and will come back to the market, according to Legal & General (L&G).

clock 15 January 2013 •

Investment

Public sector is 'winner' in state pension reform

Actuaries claim public sector workers will gain from the abolition of contracting out but unions contend it could derail public sector scheme reform.

clock 15 January 2013 •

Property Investment

NEST eyes property investment exposure

The National Employment Savings Trust (NEST) is looking for fund managers to run mandates in both UK direct and global listed real estate.

clock 15 January 2013 •

Regulation

FSA boss admits relationship with TPR needs work

The Financial Services Authority (FSA) director has said the relationship between it and The Pensions Regulator (TPR) needs more work due to the differences between the organisations.

clock 15 January 2013 •

RDR

Money Magpie: all advice should be independent

The current scope of the Retail Distribution Review (RDR) is only a temporary measure which will be expanded to mortgage and insurance advisers in the future, according to consumer finance expert Jasmine Birtles.

clock 15 January 2013 •

RDR

Towry hits acquisition trail as RDR bites

Restricted wealth manager Towry is planning a "busy" year of acquisition, according to its CEO.

clock 15 January 2013 •

First time buyers

Mortgage lender Accord cuts rates in ten-day sale

Accord Mortgages has launched a ten-day sale on six of its mortgage products.

clock 15 January 2013 •
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