News
Regulation
The new consumer and markets regulator will be renamed the Financial Conduct Authority (FCA) with a remit to ban retail products and warn investors about pending enforcement actions.
17 February 2011
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Economics / Markets
FSA chief executive Hector Sants has rejected any suggestions the regulator should disclose details of bankers' remuneration.
17 February 2011
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Economics / Markets
The Icelandic parliament has approved a plan to repay the UK and the Netherlands the €4bn (£3.1bn) they compensated to Icesave investors.
17 February 2011
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Property Investment
The Stirling Mortimer Global Property fund has so far been repaid just €3.5m of the €9.8m its lawyers misappropriated from its Cape Verde cell, leaving a €6.3m hole in the Spanish property vehicle.
17 February 2011
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Your profession
AXA Wealth reported strong new business of £3.9bn in 2010, up 41% compared to 2009, as the group restructured after the deal with Resolution.
17 February 2011
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ETFs
Credit Suisse has listed four ETFs on the Deutsche Boerse offering exposure to alternative energy providers, interest rates and fixed income.
17 February 2011
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Structured Products
The eighth StructuredRetailProducts.com annual conference will be held on 9-10 February 2011 at the Grange St Paul Hotel, London.
17 February 2011
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Individual Protection
Insurers could be prevented from using age, health and any other form of differentiation to underwrite and price products if a French administrative authority has its way.
16 February 2011
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Your profession
Perspective Financial Management, fined £49,000 by the FSA for pension switching advice misconduct, failed to heed warnings from two compliance officers about its sales practices.
16 February 2011
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Investment
The Financial Ombudsman (FOS) has told an investor who alleges Norwich & Peterborough (N&P) mis-sold him a Keydata investment to seek compensation from the industry-funded FSCS instead.
16 February 2011
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