News

A former financial adviser has been prohibited from performing any regulated activities by the Financial Services Authority (FSA) for unregulated collective investment scheme (UCIS) failings.

Sir David Walker, a former deputy governor of the Bank of England, will become the new chairman of Barclays, according to reports.

HM Revenue and Customs has told providers to use men's drawdown rates for all drawdown users from 21 December 2012.

Technology provider GBST has been selected by Fidelity to provide its administration and registry software.

Axa Wealth has appointed Ian Smith to lead the distribution strategy for the group's direct to consumer (D2C) proposition, which is due to launch later this summer.

The Financial Services Authority (FSA) has appointed Tracey McDermott as its director of enforcement and financial crime, a position she has held in an acting capacity for the past 16 months.

The Financial Services Authority(FSA) has launched a crackdown on ACDs operating in the UK in the wake of the Arch cru scandal, as one major player confirms it is pulling back from the market.

The Financial Services Authority (FSA) has issued a public censure of City Gate Money Managers and banned its director and compliance officer Stewart Wallace Domke from holding any significant influence Functions.

Financial services group Sanlam UK has acquired financial planning business English Mutual for an undisclosed sum.

The Post Office is introducing specially trained mortgage specialists in five of its UK branches today.