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News

Regulation

Proportion of complaints against IFAs continues to fall

The proportion of complaints referred to the Financial Ombudsman Service (FOS) relating to independent financial advisers (IFAs) is continuing to fall.

clock 22 May 2012 •

Equities

HSBC postpones 'indefinitely' UK exit decision

HSBC has "postponed indefinitely" plans to move its headquarters from London to Hong Kong, its chief executive said.

clock 22 May 2012 •

Your profession

Daredevil adviser scales Everest

A financial adviser has scaled Mount Everest - in the same weekend three other climbers died after reaching the summit of the Himalayan peak.

clock 22 May 2012 •

Regulation

Collapsed bio-fuel firm boss hits out at administrators

The boss of a group of bio-fuel investment firms shut down by the Serious Fraud Office (SFO) has hit out at the administrators of the businesses for their conduct and activities.

clock 22 May 2012 •

Economics / Markets

Panel to review BoE role during financial crisis

The Court of the Bank of England has commissioned three reviews into the Bank of England's (BoE's) provision of liquidity to the banking system during the financial crisis and its forecasting abilities.

clock 22 May 2012 •

Your profession

Adviser jailed for £250k fraud and perverting course of justice

A financial adviser who admitted to fraudulently gaining almost £250,000 from clients and an insurer, as well as perverting the course of justice, has been jailed for three-and-a half years.

clock 21 May 2012 •

Tax Planning

Commission calls for single 30% income tax

The UK should introduce a single income tax of 30% as part of a radical reform of the taxation system designed to boost economic growth, an influential committee has said.

clock 21 May 2012 •

Equity release

Pensioners own property worth £743bn

Retired homeowners own a total of £743.07 billion in property despite continued volatility in the housing market, according to new research.

clock 21 May 2012 •

Investment

JM Finn wins investment mandate from Welsh IFA

JM Finn & Co has inked a deal with Lawrence Miller & Co which will see it provide the Cwmbran-based IFA with investment management services via the Ascentric wrap.

clock 21 May 2012 •

Your profession

This week's movers and shakers

The latest appointments in financial services

clock 21 May 2012 •
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