Dr. Andrew Lo, Founder and Chief Investment Strategist at AlphaSimplex, says the financial market has experienced the ‘Marching Band Effect’ over the past few years, with the various elements moving to left and right together and feeling the risks as one, making the effect more dynamic.
The FCA has fined CT Capital £2.4m for serious failings in its treatment of payment protection insurance complaints. CT Capital was the parent company of a group of lenders and loan brokers and sold around 31,000 PPI policies between 2005 and 2008. It received £63m in commission as a result. However, the regulator says the […]
Survey reveals three-fifths of people with potential inheritance tax bill unaware their estate may be liable for IHT Over half don’t know that IHT rate is charged at 40 per cent Record HMRC tax receipts show that families are losing out due to lack of knowledge 78 per cent believe wealth should stay in the hands of […]
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Damian Clarke was given a lifetime ban by the FCA last month after he pleaded guilty to nine counts of insider dealing
I stopped to look in a local estate agent’s window recently and was surprised to see they persist in covering up the prices of sold properties. That was common practice when I bought my first house 30 years ago but it was all about protecting the mystique that estate agents were the only ones that “knew […]
The new CII AF8 unit will be assessed via coursework, not the traditional exam-based approach, which has come as a surprise to many