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News

ETFs

European equity ETP flows reveal investor confidence

The return of equity investors to the European exchange-traded product (ETP) market at a rate above that seen in the first quarter is a sign of market optimism, according to Deutsche Bank.

clock 16 December 2010 •

Regulation

FSA fines jump 153% in 2010

Yesterday's £2.8m fine for Scottish Equitable took the FSA's total this year beyond £88m, representing a rise of some 153% on 2009.

clock 16 December 2010 •

Wrap/platforms

True Potential set to launch wrap in Q1

True Potential is launching a platform next year which could be up and running by Q1.

clock 16 December 2010 •

Regulation

Scot Eq fined £2.8m and agrees to pay £60m client redress

Scottish Equitable has been fined £2.8m by the FSA for a series of administrative failings including underestimating the value of customers' future pension benefits to the tune of almost £7m.

clock 16 December 2010 •

Investment

IFAs outsourcing investment 'due to knowledge limits'

Almost a third of investment advisory firms are outsourcing discretionary management, with most citing knowledge constraints, a Close Asset Management study suggests.

clock 16 December 2010 •

Economics / Markets

FSA to publish limited RBS report

The City watchdog says it might be prepared to publish previously-secret findings of its investigation into events leading up to the rescue of RBS.

clock 16 December 2010 •

Your profession

Lazard's Verey handed govt advisory role

David Verey, the former CEO of international investment bank Lazard's UK operations, and now a senior adviser to the company, is among a group of 31 leading business figures handed advisory roles within Whitehall.

clock 16 December 2010 •

Your profession

Vote now! Professional Adviser awards shortlists revealed

The shortlists have now been unveiled for the investment, adviser servicing and retirement planning categories for the Professional Adviser Awards 2011.

clock 16 December 2010 •

Economics / Markets

Moody's puts Spain's credit rating on review

Ratings agency Moody's has put Spain's credit rating on review due to concerns over the country's mounting debt.

clock 15 December 2010 •

Regulation

RBS blocks FSA report of its near-collapse

RBS has blocked the FSA from publishing a report into the circumstances leading to its taxpayer bailout.

clock 15 December 2010 •
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