News

The Financial Services Authority (FSA) is contacting more than 75,000 people warning them they are being targeted by financial conmen in what is the largest number of potential victims it has contacted in one go.

Who moved where in another busy week in financial services?

Aviva has promised to investigate delays to its annuity transfer system after complaints from an adviser.

The Isle of Man's pension industry is emphatic that it will emerge "almost unscathed" from the recently imposed changes to the UK's list of approved QROPS.

The European Fund and Asset Management Association (EFAMA) has published a set of European fund categories (EFC) that allows clearer comparisons between funds.

HM Revenue & Customs (HMRC) has won a court battle to stop an investment partnership - which included wealthy football managers among its members - from gaining £117m in tax relief.

Standard & Poor's(S&P) has put a 'negative watch' on Argentina's credit rating, citing "rising restrictions to international trade" and "steps to nationalise oil company YPF".

The FSA has cancelled the permissions of Equifund, citing lack of professional indemnity (PI) insurance and "significant failings" in the conduct of the broker's business.

The Legal Services Board (LSB) has released proposals which it says will deliver greater protection to consumers that are writing wills by ensuring everyone providing services in this area is regulated.

Two men and a woman have been jailed for a fraud where more than £4m was taken from private investors through a boiler room based in Spain and Ireland.