Fundweb
Tom Selby FREELANCE
Stories by this author.
-
Coalition Govt mid-term review roundup
7 Jan 2013
Prime minister David Cameron and deputy prime minister Nick Clegg say the coalition remains “steadfast and united”.
-
Friends Life appoints David Hynam as UK chief exec
13 Nov 2012
A reshuffle will see corporate affairs and brand director Peter Foster leave the provider.
-
SFO abandons search for £103m missing Keydata funds
5 Nov 2012
Serious Fraud Office’s attempt to locate missing SLS Capital SA funds ends in failure.
-
FSA bans and fines adviser £117k over Ucis sales
29 Oct 2012
The FSA has fined Martin Rigney of Topps Rogers £117,330 and banned him from performing any function after he advised retail customers to invest in Ucis without assessing suitability.
-
FSA writes to providers over adviser charging disclosure concerns
25 Oct 2012
The FSA has written to product providers and platforms outlining concerns about the way adviser charging arrangements are disclosed to clients.
-
PRA may fight EU rules preventing 'proximity to failure' disclosure
16 Oct 2012
The Prudential Regulation Authority could fight European rules which prevent it from telling firms how close they are to failure.
-
FSA proposes extension of controlled function powers
5 Oct 2012
The FSA wants to extend the existing rules so people can be held responsible for the failure of any controlled function they interact with.
-
Bank of England holds interest rates at 0.5%
4 Oct 2012
The BoE monetary policy committee has also decided not to extend quantitative easing beyond the existing £375bn provision.
-
FSA to announce cuts in adviser firm supervision
2 Oct 2012
Regulator to announce plans to reduce focus on individual adviser firms in favour of greater scrutiny of products and industry-wide issues.
-
Skandia's platform reports £11m pre-tax loss for 2011
14 Sep 2012
Skandia Investment Solutions posted a pre-tax loss of £11.4m during 2011 as the platform was forced to absorb RDR-related costs.
-
FOS rules against 3 IFAs who sold Stirling Mortimer funds
13 Sep 2012
The Financial Ombudsman Service has issued two provisional decisions and one final decision against advisers.
-
Skandia: More than 50% of advisers to gain chartered status
10 Sep 2012
The provider says up to 78 per cent are likely to gain the qualification.
-
Which? calls on FCA to clamp down on bank charges
21 Aug 2012
Which? reports people with ‘free’ current accounts face charges of up to £900 a year.
-
HMRC claims victory against £200m tax avoidance schemes
20 Aug 2012
HMRC wins three court cases against schemes allegedly set up to avoid tax.
-
Resolution scraps plans for Friends Life IPO
15 Aug 2012
Resolution chief executive John Tiner to retire.
-
Close Brothers shuts Chartwell Direct call centre in Bristol
15 Aug 2012
Firm refuses to confirm whether jobs are at risk following the move.
-
Standard Life pre-tax profits jump 62% - GARS assets pass £17bn
14 Aug 2012
SLI reports 1 per cent increase in pre-tax profits as GARs assets pass £17bn.
-
Barclays group finance director faces FSA investigation
27 Jul 2012
PPI redress hits Barclays pre-tax profits during the first six months of 2012.
-
Lloyds suffers £439m pre-tax loss in first half of 2012
26 Jul 2012
Lloyds records a £439m loss for the first six months of 2012, driven by an increase in provision for PPI misselling.
-
Ex-Thames River COO joins Old Mutual Wealth
6 Jul 2012
-
Axa Wealth to facilitate adviser charging on all products
28 Jun 2012
-
HMRC shifts adviser-charging stance in new draft guidance
31 May 2012
-
Political leaders 'scared rigid' of bank contagion, says chief economist
22 May 2012
-
FSA ban on execution-only commission expected by most firms
17 May 2012
-
Fixed-term job calls at FSA as Smith joins exodus
11 May 2012
The FSA is facing calls to introduce fixed-term appointments for senior employees after Peter Smith, head of investment policy, became the latest high-profile figure to quit the regulator.
-
FSA investment head Smith quits for Dubai regulator
8 May 2012
-
HMRC to rewrite RDR consultancy charging guidance
2 May 2012
-
Investors faced with £32m losses in bio-fuel firms scandal
28 Mar 2012
-
Budget 2012: Single-tier £140 state pension to be introduced
21 Mar 2012
-
Budget 2012: State pension to reflect life expectancy
21 Mar 2012
-
Property firm liquidation results in potential £60m investor losses
21 Mar 2012
-
Standard Life UK attributes 6% profit fall to maintenance expenses
13 Mar 2012
-
Statement 2011: Osborne confirms accelerated increase in state pension age
29 Nov 2011
-
Cofunds restructures to allow dividend payments
24 Nov 2011
-
Paradigm mulls Honister Capital acquisition
22 Nov 2011
-
MetLife eyes UK asset management space
17 Nov 2011
-
Standard Life UK assets hit by market volatility
2 Nov 2011
-
Government to delay state pension age increase
13 Oct 2011
-
Ted Scott backs Osborne's credit easing plans
4 Oct 2011
-
Treasury to propose 'credit easing' for companies
3 Oct 2011
-
Half of bank clients have no knowledge of charge levels
18 Aug 2011
-
Prudential adds voice to calls for RDR delay
11 Aug 2011
-
Aegon UK pre-tax earnings down 50%
11 Aug 2011
-
Standard Life UK profits increase 14%
10 Aug 2011
-
Hoban urges caution over European lobbying
22 Jun 2011
-
Government refuses to back down on state pension age
21 Jun 2011
-
Adviser firm struck off for failing to conduct skilled persons report
17 Jun 2011
-
Osborne puts Northern Rock up for sale
16 Jun 2011
-
Osborne to back retail bank ring-fencing
15 Jun 2011
-
Bank advisers attacked in Panorama report
14 Jun 2011
-
FSA stringency on Sipps will hurt smaller players
9 Jun 2011
-
Saunders: IMA managed sector labels proposal "best answer" for the industry
8 Jun 2011
-
Google launches US advice service
20 May 2011
-
UK faces £9 trillion savings deficit
9 May 2011
-
RLAM suffers 80% drop in Q1 new business
4 May 2011
-
Analysts point to Scottish Widows' float
28 Apr 2011
-
S&P lowers Japan's rating outlook to negative
27 Apr 2011
-
UK avoids double dip with 0.5% growth
27 Apr 2011
-
Lloyds set to sell Scottish Widows
26 Apr 2011
-
Nest refuses to reveal fund manager fees
7 Apr 2011
-
Royal London appoints Loney as chief executive
29 Mar 2011
-
Equitable Life earmarks 12.5% of policy values for capital distribution
28 Mar 2011
-
Nest confirms default investment strategy
25 Mar 2011
-
L&G ends exclusive deal with Cofunds
24 Mar 2011
-
Budget 2011: Indexation for tax will switch to CPI from 2012
23 Mar 2011
-
L&G boosts dividend 25% as profits rise
17 Mar 2011
-
Odey signs up to run first Caerus fund
17 Mar 2011
