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News

Service

Aviva distribution head Lamble exits

Aviva's director of distribution development, Dean Lamble, has left the company after just over a year in the position.

clock 26 March 2012 •

Offshore Investment

Irish SICAVs targetting US gets legislative backing

A new corporate structure for Irish SICAVs that meets United States check-the-box taxation rules has been given the backing of the Minister for Finance which, in principle, will see the development of legislative proposals.

clock 26 March 2012 •

Offshore Investment

Dubai warns of latest loans scam

The Dubai Financial Services Authority (DFSA) has issued an alert to advisers and their investors of a current fraudulent e-mail scam facilitated through [email protected] which is claiming to be sent by His Excellency Abdullah Mohammed Saleh,...

clock 26 March 2012 •

Regulation

Advisers to repay £1 each after £3m property scam

Two financial advisers serving prison time for their roles in a £3m property scam have been ordered to pay back just £1 each.

clock 26 March 2012 •

Regulation

FSA fines Queen's bank £8.8m for failing to protect 'high risk' clients

The Financial Services Authority (FSA) has fined Coutts & Company £8.75m for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) systems and controls.

clock 26 March 2012 •

RDR

Axa Wealth to launch restricted advice model

Axa Wealth is launching a restricted advice offering for advisers looking to move away from independent status.

clock 26 March 2012 •

Your profession

Towergate to give independent advice in building society branches

Towergate Financial has acquired the financial planning business of the Melton Mowbray Building Society.

clock 26 March 2012 •

Regulation

FSA lines up 'mega fine' in Q2

The Financial Services Authority (FSA) is readying at least one 'mega fine' in the next three months as figures show it raised significantly less than usual in the first quarter of 2012.

clock 26 March 2012 •

Service

Which? calls for 'tough' regulation of comparison sites

Comparison sites are failing to provide consumers with the best deal and should be strictly regulated, Which? has said.

clock 26 March 2012 •

Regulation

Pru leaked e-mail: FSA plans 'ludicrous' and 'horrendous'

Prudential has been forced on the defensive over an e-mail sent to thousands of staff in which a senior executive appears to make a series of disparaging remarks about FSA policies.

clock 26 March 2012 •
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