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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Launches and developments announced at Intelliflo’s recent annual conference cements its place as a major player in the world of adviser software
Regulator hopes latest interventions in market will lead to fall in charges
The FCA will launch its market study on platforms next month to assess the competition among providers. The Investment Platforms Market Study will look at how adviser and direct-to-consumer investment platforms compete to win new clients and retain existing customers, and determine whether platforms allow investors access to products that offer value for money. The […]