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News

Investment

FSCS lawyers: Any competent IFA would know Keydata was high risk

All advisers who recommended Keydata products to low or medium risk clients who later claimed compensation, face the threat of legal action and crippling repayments to the Financial Services Compensation Scheme, lawyers acting for the organisation have...

clock 13 October 2011 •

Regulation

FSA chairman 'spent £66k on first-class flights'

Adair Turner has spent more than £66,000 in the past 15 months flying around the world as FSA chairman - largely because he never flys any lower than business class.

clock 13 October 2011 •

Economics / Markets

Eurozone banks may need to raise €200bn for capital reserves

Eurozone banks may have to raise €200bn to boost their capital reserves under a proposal from the European Banking Authority (EBA).

clock 13 October 2011 •

uncategorised

PM in pension u-turn as bill amendments flood in

Prime Minister David Cameron has promised the government will put in place support for women worst affected by state pension reform.

clock 13 October 2011 •

uncategorised

Andrew Roberts to be AMPS new chairman

Barnett Waddingham's Andrew Roberts has been appointed chairman of The Association of Member-Directed Pension Schemes (AMPS).

clock 13 October 2011 •

Regulation

RBS chief: Worsening economy will hit our results

RBS chief executive Stephen Hester has warned if the UK economic recovery is weaker than expected, the bank's results will suffer, a week on from renewed bailout fears for RBS.

clock 13 October 2011 •

Offshore Investment

Guernsey targets Far East

A delegation from Guernsey's finance industry plans to travel next month to Singapore and Hong Kong. The team will be led by government departmental heads and Peter Niven, Chief Executive of Guernsey Finance and his deputy, Fiona Le Poidevin.

clock 13 October 2011 •

Offshore Investment

Expats happiest in Thailand

Expats have voted Thailand as the best destination in the world when considering economic and lifestyle factors.

clock 13 October 2011 •

Investment

Standard Life sues insurers over £100m pension fund losses

Standard Life is suing insurers including ACE European Group for £100m over claims its policy should have covered a loss on asset-backed securities triggered by the collapse of Lehman Brothers.

clock 13 October 2011 •

Regulation

Advisers demand clarity on UCIS as FSA mulls exam route

The FSA is under pressure from advisers to explain how they can become better qualified to recommend unregulated collective investment schemes (UCIS), and avoid falling foul of the regulator's rules on their use.

clock 13 October 2011 •
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