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News

Regulation

FSA warns PII providers on dodging Arch Cru claims

The Financial Services Authority (FSA) has warned professional indemnity insurance (PII) providers against excluding cover for Arch Cru claims when renewing independent financial advisers' (IFAs') policies.

clock 24 July 2012 •

Managed solutions

Big Interview: A new phase in the ascent of MAM

BIG INTERVIEW

clock 24 July 2012 •

Regulation

FSA fines insurance broker £470k for misappropriating premiums

The Financial Services Authority (FSA) has banned and fined a former commercial insurance broker £471,846 for using clients' money to fund his own business.

clock 24 July 2012 •

Managed solutions

O'Neill: A mixed bag for Chinese and US data

Goldman Sachs Asset Management chairman Jim O'Neill looks back over a week of mixed economic indicators from two of the world's leading powerhouse nations.

clock 24 July 2012 •

Your profession

IFA Centre warns against deserting low-value clients

Advisers refusing to serve low value clients are damaging the IFA brand, according to trade body the IFA Centre.

clock 24 July 2012 •

Pensions

De Vere Group: Spain pain leading to QROPS boom

The boom in sales of Qualifying Recognised Overseas Pension Schemes (QROPS) will continue as the eurozone crisis continues to wipe value of UK pensions, De Vere Group has said.

clock 24 July 2012 •

Economics / Markets

Fitch: Downgrade risk doubled in first half of 2012

The number of companies, governments and other institutions facing downgrades doubled in the first half of 2012, according to Fitch Ratings.

clock 24 July 2012 •

Tax Planning

Treasury minister: paying cash in hand is 'morally wrong'

Treasury minister David Gauke has said it is "morally wrong" to pay tradesmen in cash, in the hope of avoiding tax.

clock 24 July 2012 •

Investment

Govt must act now on 'rip-off' pension charges - Labour

Actions not words are needed to end the "rip-offs" in private pensions, Labour's shadow pensions minister has said.

clock 24 July 2012 •

Your profession

Lord O'Donnell frontrunner for Barclays chairman role

Former Cabinet Secretary Lord O'Donnell has emerged as one of the leading frontrunners to take the role of Barclays chairman.

clock 24 July 2012 •
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