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News

Your profession

RBS can't estimate total PPI bill

State-backed bank RBS said today it could not reliably estimate total liabilities for PPI sales although they could be 'material'.

clock 06 May 2011 •

Investment

Commodity prices recover after huge sell-off

Commodity prices have started to recover after markets were hit by one of the biggest sell-offs in two years.

clock 06 May 2011 •

Cashplans

Cost discourages people from 'luxury' of visiting a dentist - Simplyhealth

Cost is still a deterrent to visiting a dentist with a fifth of people viewing it as a luxury despite NHS dentistry becoming more accessible, according to new research.

clock 06 May 2011 •

PMI

NICE rejects three expensive leukaemia drugs

The National Institute for Health Clinical Excellence (Nice) has provisionally rejected three commonly used leukaemia drugs for being too expensive compared to the benefit they bring.

clock 05 May 2011 •

Investment

Meteor applies for judicial review against FOS Lehman ruling

Meteor Asset Management has filed an application for a judical review into a FOS decision ordering it to compensate investors who lost money in its Lehman-backed plans.

clock 05 May 2011 •

Regulation

Seven years for multi-identity VAT fraudster

A fraudster who used 15 different identities has been jailed for seven years for illegally reclaiming £118,000 in VAT and committing forgery.

clock 05 May 2011 •

Wrap/platforms

Adviser 'platform fatigue' stifles AUA growth in Q1

Platform assets under administration (AUA) only rose by 3.62% in Q1 as advisers' fears grew about the regulatory impact of using the technology, according to research by The Platforum.

clock 05 May 2011 •

ETFs

ETFS Physical Silver leads 'best value' product list

Online advisory outfit ETF Channel has published its latest list of the best value US-domiciled ETFs, earmarking ETFS Physical Silver Shares as the top product.

clock 05 May 2011 •

ETFs

Australian ETF regulation ahead of Europe

Australian ETF provider BetaShares says the country's regulators had already addressed concerns over swap-based ETFs, ahead of European regulators.

clock 05 May 2011 •

Regulation

FSA's RBS report probed for evidence it was 'asleep at the wheel'

The Treasury Select Committee (TSC) has commissioned an independent review of the FSA's report into the collapse of RBS to scrutinise why the regulator failed to spot problems at the bank.

clock 05 May 2011 •
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