News

Bank of Cyprus is set to join the Financial Services Compensation Scheme (FSCS) to protect 50,000 British savers from its exposure to Greece.

Ashcourt Rowan has appointed Canaccord Genuity as its nominated adviser and broker.

Policymakers at the Bank of England have come under pressure to take action today to 'cushion' the UK's recession-hit economy against further eurozone turmoil, the Guardian reports.

Novia is launching a tool enabling advisers and discretionary fund managers (DFMs) to create and manage model portfolios online.

A High Court judge has ordered that a decision notice issued by the Financial Services Authority (FSA) against a banker be quashed after a successful judicial review.

Advisers are shying away from recommending pension savers take sufficient risk to grow their retirement portfolios over fears they will be punished by regulators, KPMG has said.

Tenet advisers are still unsure about the Financial Services Authority's (FSA's) definition of independent and restricted, according to its group distribution development director.

The trustees of the National Employment Savings Trust should take legal action against the government's decision not to remove contribution limits to the vehicle, shadow pensions minister Gregg McClymont has said.

Capital Platform has launched a proposition designed to make research, compliance and investment into alternative products as efficient as possible for intermediaries.

Firms who refer clients to restricted advisers for retail investment advice will not have their independence threatened after implementation of the Retail Distribution Review (RDR) rules, the Financial Services Authority (FSA) has confirmed.