Eleven people, including some IFAs and Sipp operators, have been arrested and bailed until September following raids in the North West and Midlands linked to £2.5m suspected tax relief fraud involving bogus pensions schemes.
1st – The Exchange has announced the integration of its Adviser Office and online fund data platform FundsLibrary.
The Adam Smith Institute has slammed the FSA’s response to the financial crisis, saying the regulator’s inability to recognise the extent of its own failings compromises its ability to improve regulation.
NDFA has brought out the fixed growth deposit plan, a six-year FTSE 100 linked structured product that aims for growth.
The hugely successful Jelf Employment Seminars are back. Now in their sixth consecutive year, these fun and informative seminars are a ‘must-attend’ event for many HR and finance professionals.
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The Federal Deposit Insurance Corporation, a US government agency, has filed a lawsuit against some of the UK’s largest banks over manipulation of Libor, which it argues was skewed against the banks it had to rescue during the financial crisis. The agency has brought a claim against nine banks, including Barclays, Lloyds Banking Group and RBS, in […]
Royal London has defended moving its Ascentric platform to an “all-in” pricing structure earlier this year, saying the decision has paid off with a spike in Sipp accounts. In May, Ascentric moved to a single account charge, ditching trading fees and charges for Sipp and drawdown administration. However, portfolios under £1m are now charged at […]
Drawdown and individual pension sales at Royal London rose by more than 60 per cent in the first half of 2017, but the provider has hit out at the non-advised market for failing to protect customers. In its results this morning, Royal London said that it had seen a particular boost to individual pensions and […]