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News

RDR

Honister Capital moves away from income-based charge

Honister Capital, the private investment company which owns two networks and a national IFA, is to roll out a new charging proposition for firms.

clock 01 September 2011 •

Managed

Fund managers 'making millions from stock lending'

Fund groups are making millions of pounds by lending out client money to speculators, new research from wealth manager SCM Private has claimed.

clock 01 September 2011 •

Specialist

ARM assets acquired by life settlement firm Insetco

The assets of troubled 'death bond' issuer ARM Asset Backed Securities (ARM), as well as Catalyst Investment Group, are set to be acquired by life settlement specialist Insetco.

clock 01 September 2011 •

Economics / Markets

BCC slashes UK growth forecast

The British Chambers of Commerce (BCC) has slashed its forecast for UK GDP growth this year for the third time as the economy continues to wane.

clock 01 September 2011 •

RDR

Hargreaves shares leap 16% on profits boost

(Update) Shares in Hargreaves Lansdown jumped almost 16% in early trading after the company reported a significant jump in profits and hiked its dividend.

clock 01 September 2011 •

Offshore Investment

Isle of Man creates new financial services organisation

A radical shake-up of the Isle of Man's financial services announced by the Manx Department of Economic Development will usher in "a more collaborative approach with industry and the creation of a new public private sector promotional model allowing the...

clock 01 September 2011 •

Structured Products

Gilliat unveils Credit-Suisse backed growth plan

Gilliat Financial Solutions has launched its Growth Multiplier -September 2011, which is the first structured product publicly offered to the UK market with Credit Suisse as the counterparty.

clock 01 September 2011 •

Offshore Investment

Channel Island trust company acquires Swiss and New Zealand business

Hawksford, a Channel Islands' independent trust company, has acquired L-S&S GmbH, based in Zurich, Switzerland along with its New Zealand trust company.

clock 01 September 2011 •

Specialist

FSA seeks IFAs' clients over 'unsuitable' UCIS advice

The FSA said it is trying to contact customers of a Leicester-based IFA as it believes they may have been mis-sold unregulated collective investment schemes (UCIS) and structured products.

clock 31 August 2011 •

Individual Protection

IP sales fall 7% as protection business slips slightly

The protection market is shrinking and becoming more concentrated in the hands of a few providers, according to figures from the FSA.

clock 31 August 2011 •
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