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News

Your profession

FOS to crackdown on case delays

The Financial Ombudsman Service (FOS) is to take a tougher stance on consumers and firms which purposefully delay cases.

clock 23 November 2009 •

Balanced Management

Fifth of advisers neglect annual client portfolio reviews

Nearly one in five advisers (18%) are putting client portfolios at risk by failing to carry out annual rebalances or reviews, research by Skandia suggests.

clock 23 November 2009 •

ETFs

PowerShares CEO moves to reduced role

Invesco PowerShares CEO Bruce Bond is transitioning into the role of chairman, passing over daily executive and management responsibilities to the rest of the team.

clock 23 November 2009 •

Regulation

Spending watchdog to investigate FSA

The Government's spending watchdog, the National Audit Office (NAO), is to investigate the FSA.

clock 23 November 2009 •

Economics / Markets

Brown urges business leaders to back Tobin tax - papers

Gordon Brown will take his radical proposal to tax City trading to Britain's business leaders today, as a survey shows more than half of voters would back the plan if the proceeds went to help the poorest in society.

clock 23 November 2009 •

ETFs

IndexIQ releases merger arbitrage fund

IndexIQ has released a merger arbitrage ETF offering exposure to global corporate merger and acquisition activity.

clock 20 November 2009 •

Regulation

FSA bans former mortgage broker for fraud

The FSA has banned mortgage broker Rashid Farid following his jail sentence earlier in the year for conspiring to commit fraud.

clock 20 November 2009 •

TMT

1st- Exchange joins with Wealthtime on adviser message service

1st- Exchange will combine its back office software solution Adviser Office (AO) with wrap provider Wealthtime.

clock 20 November 2009 •

Your profession

Guildford IFA offers foreign exchange service on website

Arch Financial Planning has introduced a foreign exchange service on its website in order to boost its client proposition.

clock 20 November 2009 •

Pensions

Employer engagement crucial pre-2012 - TPR

Engaging with the employer community will be one of the most significant aspects of the next few years leading up to 2012, says The Pensions Regulator (TPR) employer compliance regime programme manager Charles Counsell, talking to Giovanni Legorano at...

clock 20 November 2009 •
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