News

The FSA has banned a hedge fund manager and fined him £14,000 for failing to spot attempts by an employee to hide huge losses caused by the collapse of Lehman Brothers.

The private sector will find opportunities opening as the UK moves NHS secondary healthcare services out of hospitals and into community based settings, according to Laing & Buisson.

Half of all group income protection (GIP) claims are for conditions where definitive medical evidence is difficult or even impossible to obtain, Canada Life has said.

The Financial Services Authority (FSA) will face questions from Arch Cru investors at a hearing on Wednesday on the regulator's role in the downfall of the fund range - and the £54m redress deal - despite not being allowed at the meeting.

Markets are bracing themselves for some turbulent times ahead as they wait to see how effective Spain's newly-elected Prime Minister Mariano Rajoy will be in staving off a bail-out.

Advisers with expat clients moving between European countries can now get answers to tricky immigration questions via a new EU website.

Trade unionists have released a cover of the Bryan Ferry classic "Let's Stick Together" in a bid to gather support for strikes against public sector pension cuts.

The Financial Services Authority's (FSA) failure to clamp down on poor financial advice in banks and promote independent alternatives shows it is ‘hostile to consumers', it has been claimed.

The president of the Confederation of British Industry (CBI), Sir Roger Carr, has called for an end to the "demonisation" of banks, energy companies and the defence industry.

Shares in 'zombie' fund specialist Phoenix Group rose yesterday on the back of a proposed takeover offer from private equity firm CVC Capital Partners.