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News

Charging

Providers unite to facilitate adviser charging

Five major providers have joined forces to agree a "shared" approach to facilitating adviser and consultancy charging.

clock 05 January 2012 •

Tax Planning

Tips for clients ahead of tax return deadline

Individuals have until the end of January to file their tax returns for the year ended 5 April 2011. Baker Tilly outlines five tips to avoid unnecessary penalties or charges...

clock 05 January 2012 •

Economics / Markets

FSCS begins MF Global compensation action

The Financial Services Compensation Scheme (FSCS) has begun the process of compensating MF Global customers, with private customers with individual accounts the first to receive application forms.

clock 05 January 2012 •

Offshore Investment

Financial Express offers discount to FEIFA members

The Federation of European Independent Financial Advisers (FEIFA) has joined forces with Financial Express, a leading provider of investment data, to offer its members an online fund research and monitoring tool, Analytics.

clock 05 January 2012 •

Offshore Investment

New term account from Skipton International

Guernsey-based Skipton International has kicked off the new year by launching a 180 day sterling notice account. Advisers' clients will need to make a minimum deposit of £10,000 to open an account.

clock 05 January 2012 •

Bonds

Global investors set new record in flight to gilts

International investors are buying record amounts of UK government bonds as the Bank of England's £75bn QE programme spurs demand, with the yield on the ten-year gilt hitting a new record low.

clock 05 January 2012 •

Global

Time to network: UK has 600,000 'millionaire households'

There are close to 600,000 'millionaire households' in the UK, according to the latest estimates, but, as a share of total households, Britain lags Ireland, Kuwait and Taiwan.

clock 05 January 2012 •

RDR

Adviser ends passporting interest over agency fears

An outspoken critic of the new qualification requirements for advisers has revealed he considered 'passporting' his business into the UK from Dublin in a bid to bypass the rules.

clock 05 January 2012 •

Europe

Swiss central bank chief's wife hit by franc swap scandal

Switzerland's central bank is embroiled in a political storm after it was revealed the wife of the governor sold 500,000 Swiss francs shortly before the authorities intervened to cap the value of the currency.

clock 05 January 2012 •

Regulation

Fined UBS Wealth chief missed warning signs, says FSA

A former chief executive officer of UBS AG's wealth management unit who is challenging a £100,000 FSA fine was yesterday accused of failing to control the activities of his team, allowing them to make up to 50 unauthorised trades per day.

clock 05 January 2012 •
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