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News

Regulation

Banking regulation 'essential' - Lord Turner

The FSA's chairman, Lord Turner, has warned bankers radical changes in regulation are essential in order to avoid future crises.

clock 30 June 2009 •

Offshore Investment

UK accounts frozen in Stanford investigation

The Serious Fraud Office (SFO) says it has frozen $100m of assets in London, connected with Sir Allen Stanford's suspected $7bn fraud.

clock 30 June 2009 •

uncategorised

Employers rake in savings as DB declines

Employers are saving up to £4.53bn a year in pension contributions as millions of employees withdraw from final salary schemes, MGM Advantage research reveals.

clock 30 June 2009 •

Industry

House prices rise by 1.1%

House prices in the UK rose by 1.1% between the first and second quarter of this year, according to new statistics.

clock 30 June 2009 •

Your profession

UK accounts frozen in Stanford investigation

The Serious Fraud Office (SFO) says it has frozen $100m of assets in London in connection with Sir Allen Stanford's suspected $7bn fraud.

clock 30 June 2009 •

Your profession

Chief ombudsman Merricks to step down

Chief financial ombudsman, Walter Merricks, has announced hill be step down, after ten years with the Financial Ombudsman Service (FOS).

clock 30 June 2009 •

With Profits

With-profits investors 'unhappy' with funds

A majority of with-profits investors are unhappy with the performance of their fund, and more than one million say they will not invest in with-profits again, according to Managing Partners Limited (MPL).

clock 30 June 2009 •

Your profession

Buyers only want IFAs with minimum 30% recurring income

Acquirers of adviser firms favour those which have at least 30% of their revenue coming from recurring business, a J.P.Morgan report suggests.

clock 29 June 2009 •

Your profession

CII toughens corporate chartered criteria

Firms wishing to obtain Corporate Chartered status will need to meet broader and stricter criteria after the Chartered Insurance Institute (CII) toughened its eligibility rules.

clock 29 June 2009 •

Industry

May net lending suffers dramatic slowdown - BoE

Net lending increased by just £0.6bn in May compared to an April increase of £1.1bn, figures from the Bank of England show.

clock 29 June 2009 •
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