News
ETFs
Charles Schwab has appointed State Street Corporation to service its new range of eight ETFs.
12 February 2010
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Protection
General insurance brokers could be hit with a £20m bill from the Financial Services Compensation Scheme (FSCS) and a further £40m hike next year as the fallout from payment protection insurance (PPI) continues.
12 February 2010
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Regulation
The FSCS plans to hit IFAs with a proposed levy of £70m before the end of March.
12 February 2010
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Regulation
The FSA will charge firms a minimum £10 levy to fund the set up of a proposed Consumer Financial Education Body (CFEB).
12 February 2010
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Regulation
The amount of FSA funding paid for by IFAs will fall by 8% to £40.2m in the upcoming financial year.
12 February 2010
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Your profession
The financial ombudsman (FOS) proposes increasing its 2010/11 budget by almost £20m to resolve an extra 45,000 cases.
12 February 2010
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Regulation
The Tories would transfer UK financial regulation to the Bank of England within a year of taking power, the shadow financial secretary to the Treasury says.
12 February 2010
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Regulation
The regulator has warned it will look to increase the financial penalties it charges to firms in breach of regulatory rules, its latest fee consultation has revealed.
12 February 2010
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Economics / Markets
The FTSE is up 0.71% to 5,198.05 in early trading as it tries to shake off a wobbly performance yesterday as uncertainty about the Greek bail-out plan weighed on European markets.
12 February 2010
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Investment
When actor Bill Nighy joined director Richard Curtis to launch a campaign for a 'Robin Hood tax' on banks, they were confident it would easily gain public support.
12 February 2010
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