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FSA reveals product regulation plans
The FSA says it will intervene in product design to reduce risks for consumers.
Friends Provident MD Simon Clamp dies
Friends Provident managing director of UK business Simon Clamp has died following a short illness.
Mortgage approvals for purchase down 49% in January
CML says ending of the stamp duty holiday in December distorted figures.
RBS hits critical payout borrower with £3,500 penalty
Royal Bank of Scotland has come under fire for slapping a £3,500 early redemption penalty on a critically-ill borrower.
Ascentric launches branding service for IFAs
The service allows advisers to integrate their brand into the Ascentric platform and brand each page.
MPs blast social care system
The health committee’s latest report says the social care system in England is underfunded, discriminatory and severely rationed.
Henderson confirms rebrand of New Star funds
Henderson has finally confirmed that it is to drop the New Star name from its branding.
Cartel solicitor shut down
Lawyer used by Cartel Client Review shut down by solicitor regulator.
Spiers steps back again as Bestinvest appoints new chairman and chief executive
John Spiers is to step down from the helm of Bestinvest for the second time after the group appointed a new chairman and chief executive.
Former Lloyds TSB boss Sir Brian Pitman dies aged 78
Former Lloyds TSB boss and chairman of Virgin Money Sir Brian Pitman has died aged 78.
FSA to get tough on risky products
Sants will set out new proactive strategy he believes will better protect the consumer.
Fidelity's Kennedy calls for calm if CGT rate rises
Fidelity International head of tax and trusts planning Paul Kennedy has urged investors not to be scared off if the Budget sees an increase in the rate of capital gains tax.
Woodford funds back on top form
Invesco Perpetual fund guru Neil Woodford has seen both his leading income funds bounce back to the top of the sector over the past three months.
Staff contributions rise more than Govt payments for public sector pensions
The National Audit Office says employees contributed 56 per cent more last year than in 1999-2000 while Government payments to pensioners only increased 38 per cent.
Aberdeen switches from Europe to US
Aberdeen multi-manager duo Graham Duce and Aidan Kearney have dropped their exposure to Europe across the fund range, citing concerns over the markets and currency.
LV= goes for halfway house Usp
LV= Protected Retirement Plan
Ex-Cazenove partner jailed for 21 months
Malcolm Calvert sentenced to jail after being found guilty of insider dealing yesterday.
Alistair Darling launches Moneymadeclear
The new financial advice service is expected to help a million people in its first year.
Montague Capital picks Praemium to run portfolios
Montague Capital has picked Praemium’s discretionary platform to run its managed fund investment portfolios.
Regulators and ombudsman propose new protection committee
The Financial Services Authority, the Office of Fair Trading and the Financial Ombudsman Service have proposed the creation of a new consumer protection committee.
