Considering more than half of net inflows into funds are headed into fixed-interest sectors at the moment, investors should be aware that the nature of bond funds is undergoing a change and may need to adjust their expectations and approaches.
A whistleblower who wrote a report criticising Lloyds Bank’s handling of a scandal at HBOS has rebuked the FCA for not investigating, the Financial Times reports. Former Lloyds staffer Sally Masterton wrote to FCA chief executive Andrew Bailey last year, asking him to look into the conduct of Lloyds senior managers towards her. In 2014, […]
The FCA has issued a final notice to Hertfordshire-based Freddy David who is serving four and six-year jail sentences concurrently for two counts of fraud and deception. David was convicted last July of one count of obtaining a money transfer by deception and one count of fraud by abuse of position. The court heard David […]
The Financial Services Compensation Scheme has published its latest list of defaulted firms, with financial and investment advice firms accounting for more than half. A total 12 advice firms are named on the list of 21 firms, along with London-based investment specialist Vantage Investment Group. London-based adviser Sequant Capital Limited has been named on the […]