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News

Regulation

What the Towry case could mean for adviser contracts

Towry’s High Court defeat has sparked fresh calls for industry consensus on restrictive covenants. Alasdair Pal takes a look at what future adviser contracts might look like.

clock 23 February 2012 •

Economics / Markets

SJP rolls out code of conduct for advisers on trail

Wealth manager St James's Place (SJP) is rolling out "minimum service standards" for its advisers to ensure trail commission and ongoing fees are being levied fairly.

clock 23 February 2012 •

Investment General

RBS reports £2bn loss

Taxpayer-owned The Royal Bank of Scotland (RBS) made a £2bn loss last year, its fourth straight year of losses since its 2008 bailout.

clock 23 February 2012 •

Offshore Investment

New Luxembourg-based fund from Pictet

Pictet Asset Management has launched a Luxembourg-domiciled UCITS compliant fund, investing in EUR high yield short-dated bonds.

clock 23 February 2012 •

Offshore Investment

Swiss wealth manager expands to Bahrain

Swiss wealth manager, Altaira, has launched a subsidiary in Bahrain.

clock 23 February 2012 •

Your profession

MPs warn against 'rewarding failure' of HMRC boss

MPs have expressed concerns over Her Majesty's Revenue and Customs' decision to hired the former chief executive of the UK Border Agency (UKBA).

clock 22 February 2012 •

RDR

ABI resolves adviser charging dispute with HMRC

The Association of British Insurers (ABI) has successfully resolved a conflict with Her Majesty's Revenue and Customs (HMRC) over the rules around adviser charging on annuity business.

clock 22 February 2012 •

Wrap/platforms

How to shelter £58k from taxman this ISA season

Advisers have been urged to remind clients they could shelter more than £58,000 from the taxman this ISA season.

clock 22 February 2012 •

Wrap/platforms

Fidelity FundsNetwork to power Barclays platform

Barclays Stockbrokers has partnered with Fidelity FundsNetwork to launch an enhanced version of its platform.

clock 22 February 2012 •

Income Protection

GPs rail against 'encouraging' people back to work

Doctors have hit back at proposals that would force them to encourage patients to stay in or go back to work as soon as possible.

clock 22 February 2012 •
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