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News

Investment

'Mini Madoff' convicted of £34m fraud

A ‘Ponzi' scheme fraudster who conned thousands of investors out of £34m to fund his lavish lifestyle has been convicted.

clock 09 March 2010 •

PMI

Tripp sole contender for AMII chairman

Members of the Association of Medical Insurance Intermediaries (AMII) will be voting for just one candidate in its chairmanship elections on April 28.

clock 09 March 2010 •

Your profession

IFP extends offer for Manchester CPD event

An Institute of Financial Planning (IFP) event worth a total of eight CPD points is taking place in Manchester city centre on 11 March.

clock 09 March 2010 •

Investment Trusts

Bolton failure could damage all investment trusts - Winterflood

The investment trust sector could suffer if Anthony Bolton fails to make a success of his new Fidelity China Special Situations vehicle, securities broker Winterflood has warned.

clock 09 March 2010 •

Your profession

IFAs have become 'low hanging fruit' - Applewood

Independent advisers are being blamed for the failings of fund managers and have become scapegoats for the industry's problems, Applewood Wealth Management's Karl Hartey says.

clock 09 March 2010 •

Regulation

FSA extends PPI consultation in further delay for consumers

The FSA will extend its consultation on planned Payment Protection Insurance (PPI) market reforms by six weeks, further delaying fair treatment for customers says an independent consumer panel.

clock 09 March 2010 •

Investment

Maguire to "help run finances" for English Dems

Cru Investment Management director Jon Maguire says he will "help manage the finances" for the English Democrats, the party he will stand for in the next General Election.

clock 09 March 2010 •

Structured Products

CitiFirst blames platform giants for product delay

CitiFirst, the retail structured product division of Citigroup, has pushed back the launch of its first open-ended fund, blaming platforms for the delay.

clock 09 March 2010 •

Industry

Stonehaven suspends equity release lending

Equity release provider Stonehaven has temporarily suspended all new lending.

clock 09 March 2010 •

Investment

Aegon switches property fund pricing as inflows swell

Aegon has switched the pricing of the £1bn Aegon Scottish Equitable Property fund from a cancellation to a creation basis to reflect recent positive inflows.

clock 09 March 2010 •
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