News

Who moved where in another week in financial services?

The regulator has cancelled a mortgage adviser's trading licence for failing to pay £1,137.17 in fees and levies to the Financial Services Authority (FSA).

Latest research by Skandia International reveals that the overwhelming majority (80%) of offshore advisers would consider recommending ready-built packaged investment solutions that match their clients' attitude to risk.

The Financial Services Consumer Panel (FSCP) is investigating platforms' recording of client transactions, following concerns consumers will be left with no investment history if providers go bust.

Goldman Sachs received a subpoena from New York prosecutors seeking information on the investment bank's role leading into the global financial crisis, according to reports.

The Bank of England's Paul Fisher said he would consider making emergency bond purchases if the UK's economy suddenly slumped.

Moody's said last night if there is no progress in the US on increasing the country's statutory debt limit, it expects to place the government's rating under review for possible downgrade in the next few weeks.

The Irish Funds Industry Association (IFIA) has announced plans to open representative offices in the US and the UK.

Brits are twice more likely to insure their pets or mobile phones than their income, according to research.

Europ Assistance is now underwriting Africa based international private medical insurance (PMI) plans.