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News

Regulation

FSA confirms £85k deposit compensation limit

The FSA has confirmed the new deposit compensation limit will increase from £50,000 to £85,000 per person to tie in with new European Economic Area (EEA) regulations.

clock 17 December 2010 •

Your profession

FSA says knowledge of ethical code 'poor'

The FSA says it is "disappointed" after finding approved persons' knowledge of its ethical code "was so low".

clock 17 December 2010 •

uncategorised

Scots pensioner, 86, takes fight to Donald Trump

A Scottish pensioner facing £50,000 legal costs after attempting to stop Donald Trump building a golf course on her land is taking her case to the European Court of Human Rights (ECHR).

clock 17 December 2010 •

Your profession

Clarkson Hill appoints administrators

AIM-listed national IFA Clarkson Hill has appointed Bridge Business Recovery as administrator.

clock 17 December 2010 •

ETFs

European equity ETFs stage €1bn comeback

ETFs tracking European equity indices attracted over €1bn in investor money in the week ending 10 December, according to Deutsche Bank.

clock 17 December 2010 •

ETFs

Horizons BetaPro unveils US volatility ETFs

Horizons BetaPro (HBP) has launched the first Canadian ETFs to track the S&P VIX 500 Short-Term Futures index, a measure of US stock market volatility.

clock 17 December 2010 •

Regulation

Fraudulent claims should result in immediate annulment

Fraudulent insurance claims should allow the immediate cancellation of a policy, according to industrywide representations.

clock 17 December 2010 •

Investment

Keydata victims: N&P did not supply KFDs until after sale

Dozens of Norwich & Peterborough (N&P) customers who invested in failed firm Keydata say they were not given key features documents (KFDs) on the products until after they had parted with their money.

clock 17 December 2010 •

Your profession

FSA confirms qualifications deadline for approved persons

The FSA today confirmed plans imposing a 30 month deadline for individuals to complete all modules of qualifications required for their role.

clock 17 December 2010 •

RDR

FSA to review pension transfer exam standards in Q1

The FSA will review the exam standards of pension transfer specialists ahead of other areas, despite calls from the industry for it to prioritise closer scrutiny of mortgage advice.

clock 17 December 2010 •
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