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News

Your profession

Treasury Committee calls on FSA to make RBS report public

The Treasury Select Committee (TSC) has written to FSA chairman Adair Turner asking him to make the findings of the investigation into bailed-out RBS public.

clock 14 December 2010 •

Your profession

Treasury: First 'simple' products should be deposits and protection

The first products to be developed as part of a government drive to introduce 'simple' financial products with standardised features should be deposit savings and life and income protection (IP) insurance products, Treasury financial secretary Mark Hoban...

clock 14 December 2010 •

uncategorised

Aviva overcharges 13,000 pension savers total of £3.25m

Aviva has overcharged 13,000 pension savers an average of £250 following 'error'.

clock 14 December 2010 •

ETFs

BOJ to buy ETFs in monetary easing drive

The Bank of Japan (BOJ) has completed the preparations necessary to begin buying ETFs as part of its asset purchase strategy.

clock 14 December 2010 •

ETFs

Emerging market ETFs dominate iShares' asset gathering

iShares has announced that its JP Morgan $ Emerging Market Bond fund has surpassed $1bn in assets.

clock 14 December 2010 •

Regulation

FSA fines Pacific Continental duo £100k

Two men working at Pacific Continental Securities, the stockbroker which collapsed last year contributing to a £58m interim levy on investment advisers, have been fined a total of £100,000 and banned from working in financial services for market abuse....

clock 14 December 2010 •

Your profession

FOS 'myths' debunked (by FOS)

The Financial Ombudsman Service is an opaque consumer champion which ignores the law when reaching its verdicts. Not so, according to the FOS.

clock 14 December 2010 •

Economics / Markets

UK inflation climbs to 3.3%

Consumer price inflation remains well above the government's target after reaching 3.3% in November.

clock 14 December 2010 •

uncategorised

Fifth see pensions as 'risky'

Almost 20% of people do not believe pensions are a safe investment although more than half say they are 'vital' for retirement, research by Defaqto suggests.

clock 14 December 2010 •

Economics / Markets

Positive company news fails to boost FTSE

The FTSE edged 0.1% lower to 5,853.66 points in early trading as company-specific news guided price moves.

clock 14 December 2010 •
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