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News

Regulation

UCIS ban will fuel SIPP market consolidation - Suffolk Life

The self-invested personal pension (SIPP) market will see consolidation as a result of the Financial Services Authority's (FSA's) move of unregulated collective investment schemes (UCIS), a provider has said.

clock 22 August 2012 •

Regulation

UCIS ban: FSA clamps down on structured products

The Financial Services Authority (FSA) is proposing to ban the promotion of certain structured products as part of its wider effort to prevent the sale of unregulated collective investment schemes (UCIS) to retail investors.

clock 22 August 2012 •

Regulation

FSA pulls back on small firm visits

The Financial Services Authority (FSA) is carrying out significantly fewer regulatory visits to small firms in what some suggest may reflect its changing view about the risks they pose to the industry.

clock 22 August 2012 •

Regulation

FSA says new UCIS rules could cut FSCS costs

The Financial Services Authority (FSA) believes its proposed rules on the promotion and sales of unregulated collective investment schemes (UCIS) could lead to a reduction in Financial Services Compensation Scheme (FSCS) costs for advisers.

clock 22 August 2012 •

Equities

Aberdeen rolls out unbundled RDR share classes

Aberdeen Asset Management has unveiled unbundled share classes across its fund range in preparation for the onset of the Retail Distribution Review (RDR).

clock 22 August 2012 •

Regulation

Polly Peck owner guilty of more theft charges

Business tycoon Asil Nadir has been found guilty of a total of ten charges of theft from his now-collapsed Polly Peck empire.

clock 22 August 2012 •

Equities

Aberdeen launches global small-cap fund for Docherty

Aberdeen Asset Management will launch a global small-cap equities fund for Stephen Docherty in late September.

clock 22 August 2012 •

Regulation

IFAs 'dragged in' to FATCA admin burden

A rule change in complex new US tax legislation could see IFAs faced with a bill of up to £100 per client, according to PwC.

clock 22 August 2012 •

Equities

Sanlam UK launches risk rated SRI portfolios

Sanlam Investments and Pensions, part of the Sanlam UK, has launched a range of risk rated socially responsible investment portfolios (SRIs).

clock 22 August 2012 •

Regulation

FSA proposes ban on UCIS promotion to ordinary retail investors

The Financial Services Authority (FSA) has proposed to ban the promotion of unregulated collective investment schemes (UCIS) to the vast majority of retail investors.

clock 22 August 2012 •
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