19 May 2011
Jonathan Cornell says he is amazed how polarised industry views can be on apparently simple subjects.
Steve Bee says he is hopeful on reform and things are looking up on the pensions front.
Rob Reid has concerns over whether the regulator will use adviser charging data effectively.
Nick Cann says adviser RDR survival rates will be dictated more by potential business failure 12 to 18 months after 2012 than exams.
FSA will hope its data blunder is not indicative of other mistakes Stewart Ford will look to expose in his judicial review.
Nic Cicutti says much of the IFA concern over the MAS service is misplaced.
Paul Hogarth says the power shift from provider to adviser means the future is bright for the IFA sector
Chris Gilchrist says a simplistic view of human nature has been adpoted by policymakers and regulators with terrible consequences.
Paul Farrow suggests the economic gloom will not lift anytime soon.
213 further jobs will be cut, plus 106 staff will be transferred.
Both firms considering new launches in the absolute return sector.
Architas hires Cedric Bucher as head of business development.
Architas has launched trio of multi-asset passive funds.
The volatility in the price of silver and other commodities over the past few weeks has made investors sit up and pay attention.
Peter Hamilton says the Government’s legislative plans for financial regulation present an ideal opportunity to reform the FOS.
The FSA has failed to meet over a third of the benchmarks it uses to measure its service levels.
Complaints Commissioner raises concerns about data blunder over unencrypted sensitive and confidential information relating to FSA’s Keydata investigation.
GLG Partners launches a global sustainability equity fund.
HSBC has launched a Civets fund to capitalise on the “next generation of emerging markets”.
The director general of the AIC believes raising industry awareness of the long-term value of investment trusts is key to driving up IFA recommendations.
IMF head has resigned following being charged with alleged sexual assault earlier this week.
LBG is considering clawing back executive bonuses as a result of PPI losses.
Lenders have entered into “a rate war” that has seen many make significant cuts to their mortgage rates in a bid to grab market share, according to brokers.
Mutuals have accused Treasury financial secretary Mark Hoban of failing to contribute to the Government’s commitment to promote mutuality.
“I was sumo wrestling at the time”
UK’s biggest property fund managers are pressuring platforms to restructure to accommodate property authorised investment funds.
A fifth of shareholders vote against chairman’s re-appointment as investors register their dissatisfaction over failed AIA bid.
Vicky Ackers takes over from Mark Kennett as head of investment.
FSA chief executive says PRA will be given new powers to withhold future bonus and dividend payments by UK banks.
Building society understood to be searching for a potential buyer for its third-party mortgage servicer subsidiary.
Succession says it expects to start making a profit by February 2012, six months ahead of schedule.
Andrew Holliman is to leave Threadneedle after seven years with the firm.