News

MPs today rejected a bill which could have stopped the FSA increasing its regulatory fees above the rate of inflation.

The Luxembourg court has granted Lifemark administrators a further six months to find funders for the troubled backer of Keydata bonds.

Keydata founder Stewart Ford has been granted a judicial review into the FSA's handling of the collapse of his investment firm.

Novia has expanded its sales team with the appointment of two former Zurich employees as regional sales managers.

The courts have granted leave for a taxpayer to appeal a decision which could have ramifications for investigations into past tax returns.

The economies of the 17 countries in the single currency block grew 0.8% in the first three months of 2011, up from 0.3% in Q4, figures out today reveal.

Figures released by Deutsche Bank and ETF Securities confirm European investors largely stuck with ETCs last week despite a fall in commodity prices.

Draft guidance on auto-enrolment certification does not clarify nuances around salary sacrifice and opt-out inducements, leaving some employees in a "netherworld", a lawyer said.

Solvency II-style capital requirements for UK pensions schemes will be put in place by the European Commission before the end of the decade, industry sources said.

Tracker funds reported their highest ever net retail sales in Q1, although inflows into ethical products were below recent levels, according to IMA figures.