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News

Your profession

Aussie adviser jailed for murder of 'wasteful' lottery winner

An Australian financial adviser has been handed an 18 year jail sentence for the murder of a client he felt was being 'wasteful' with her lottery winnings.

clock 14 September 2012 •

RDR

FSA probes firm over 'time is against us' commission letter

The Financial Services Authority (FSA) is understood to be examining the contents of a letter sent out by an IFA suggesting clients wanting to switch pension provider do so ahead of the upcoming commission ban, because it would be cheaper for them.

clock 14 September 2012 •

Economics / Markets

US QE3 chances of success 'finely balanced'

Experts have questioned how effective the latest round of quantitative easing (QE) in the US will be, with the chances of success "finely balanced".

clock 14 September 2012 •

Regulation

Next Bank of England governor's pay deal 'undecided'

The salary and pension deal for the next governor of the Bank of England is still 'undecided'. the BBC reports.

clock 14 September 2012 •

Pensions

AJ Bell reveals RDR Sippcentre charges

AJ Bell has announced its unbundled charging structure for Sippcentre to operate after the Retail Distribution Review (RDR).

clock 14 September 2012 •

Regulation

FSA spends £1m a year on 'headhunters'

The Financial Services Authority (FSA) has spent an average of more than £1m annually in the last six years on the services of 'headhunting' businesses, tasked with finding suitable candidates for senior positions at Canary Wharf.

clock 14 September 2012 •

Economics / Markets

Federal Reserve pulls trigger on QE3

The Federal Reserve has unleashed a third round of quantitative easing (QE) to support the US economy following a wave of poor data and a weakening labour market.

clock 13 September 2012 •

Economics / Markets

Tyrie says HBOS report must include review of FSA conduct

The Treasury Select Committee (TSC) is to appoint specialist advisers to oversee the drafting of a report by the Financial Services Authority (FSA) into the failure of HBOS.

clock 13 September 2012 •

Wrap/platforms

Skandia platform posts £11m loss as RDR costs bite

Skandia Investment Solutions, one of the UK's largest platforms, made a loss of £11m in 2011 as the cost of preparing for the Retail Distribution Review (RDR) impacted the business.

clock 13 September 2012 •

Investing in the profession

PMI and Imperial to set up first pensions MSc

The Pensions Management Institute (PMI) and Imperial College London signed a formal Memorandum of Understanding today, paving the way for the creation of the first specialised masters degree in pensions.

clock 13 September 2012 •
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