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News

Regulation

FSA told to destroy emails in Keydata investigation

The Financial Services Authority (FSA) has been told by a judge that it must destroy privileged attorney-client emails it obtained as part of its investigation into Keydata.

clock 18 April 2012 •

Regulation

FSCS begins pursuit of Lifemark IFAs to recoup compensation

The Financial Services Compensation Scheme (FSCS) has begun proceedings against more than 160 advisory firms it alleges mis-sold Lifemark-backed Keydata products.

clock 18 April 2012 •

Regulation

The firms the FSCS is chasing for Lifemark compensation

A total of 162 firms have been included in proceedings launched by the Financial Services Compensation Scheme to claw back money paid out to investors in Lifemark-backed Keydata products.

clock 18 April 2012 •

RDR

FSA alarmed by 'weak' gap-fill progress

The Financial Services Authority (FSA) has voiced concerns about advisers' gap-fill progress ahead of RDR implementation at the end of the year.

clock 18 April 2012 •

Active Managed

Allianz Global Investors to launch risk-rated fund range

Allianz Global Investors is to launch a range of risk-rated multi-asset funds in response to growing demand for "outcome-orientated" solutions.

clock 18 April 2012 •

Tax Planning

Clegg hints at u-turn on charity tax cap

Deputy Prime Minister Nick Clegg has given the clearest indication yet the government will be forced to backtrack on its plans to cap tax-free charitable giving.

clock 18 April 2012 •

Investing in the profession

CII adds extra R06 exam sittings

The Chartered Insurance Institute (CII) has announced additional R06 examination sittings in six locations in August, following "a clear growth in demand".

clock 18 April 2012 •

Managed solutions

Mixed Investment Shares top-sells on Cofunds

Mixed Investment Shares were popular with advisers once again in March, according to the latest sales trends on platform Cofunds.

clock 18 April 2012 •

Economics / Markets

MPC unanimous on holding rates amid inflation risk

Each of the nine members of the Bank of England's Monetary Policy Committee (MPC) voted to hold interest rates at the historic low of 0.5% this month, minutes from their latest meeting show.

clock 18 April 2012 •

Tools

FSA reassures on call recording rules after inaccurate promotions

The Financial Services Authority (FSA) is reassuring advisers they do not need to record telephone conversations with clients after some received inaccurate promotions suggesting they did.

clock 18 April 2012 •
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