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News

Investment

Flat-rate pension will 'cut risk' of giving advice, MPs told

Moving to a flat-rate single tier state pension will take the risk out of advising people on whether it pays to save for retirement, MPs heard.

clock 27 February 2013 •

Regulation

FSA warns on suitability mismatch between DFMs and advisers

The Financial Services Authority (FSA) is warning advisers to ensure their in-house risk assessments are aligned with those of any discretionary fund managers (DFMs) they use.

clock 27 February 2013 •

Your profession

Top tips for ethical investment

ETHICAL INVESTMENT

clock 27 February 2013 •

Your profession

PFS launches online ethics toolkit

The Personal Finance Society (PFS) has launched an online ethics toolkit for its members.

clock 27 February 2013 •

Managed solutions

IMA to rename and redefine Absolute Return sector

The Investment Management Association (IMA) will rename the Absolute Return sector as the Targeted Absolute Return sector as it completes a long-awaited review of the space.

clock 27 February 2013 •

Investment

Standard Life Wealth triples AUM with Newton acquisition

Standard Life Wealth (SLW) is to pay up to £83.5m for Newton's private clients division, adding an extra £3.6bn in assets under management to its business.

clock 27 February 2013 •

Pensions

Stadia Trustees stops taking new business

Self-invested personal pension (SIPP) provider Stadia Trustees has stopped accepting all new business.

clock 27 February 2013 •

Tax Planning

HMRC court victory protects £156m in tax

HM Revenue & Customs (HMRC) has successfully challenged a tax avoidance scheme in court and thereby ensured an additional £156m will be collected for the UK coffers.

clock 27 February 2013 •

Economics / Markets

Second estimate puts UK GDP unchanged at -0.3% in Q4

UK GDP contracted 0.3% in the last quarter of 2012, according the second reading of the data.

clock 27 February 2013 •

Regulation

Three arrested in FSA insider dealing investigation

Three men have been arrested as part of the Financial Services Authority's (FSA's) and Metropolitan Police's ongoing fight against insider dealing and market abuse.

clock 27 February 2013 •
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