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Man jailed for failing to pay back £460k insider dealing gains

A man has been sentenced to 538 days in jail for failing to pay a confiscation order for insider dealing. Pardip Saini was sentenced to three years and six months in prison in July 2012 and ordered to pay £464,564. He was due to pay the order by 12 March, but £222,047 remains outstanding. At […]

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Better together? Advisers start to build ‘consumer coalition’

Industry bodies are looking to create a “coalition” with consumer groups to help strengthen the voice of the advice profession and improve trust in the sector. The Personal Finance Society has stepped up its consumer profile with the launch of a money guidance website, while ex-IFA Association director general Garry Heath plans to work closely […]

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Howard Flight announced as president of new trade body

Conservative peer Lord Howard Flight was today announced as president of the new adviser trade body being launched by Garry Heath. Former IFA Association director general Garry Heath revealed further details of the association, named Libertatem, at a launch event in London today. He aims to raise £1m in the first 15 months of the […]

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Asking prices fell pre-election but up 2.5% annually

Asking prices dipped in the run-up to the election but are up 2.5 per cent annually. Research by online estate agent Rightmove shows the average UK asking price was £285,891 in May, down 0.1 per cent from £286,133 in April. However, asking prices were up 2.5 per cent year-on-year from around £278,900 in April 2014. […]

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