The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
The FCA has reported a slight fall in authorisation times for retail investment firms as it continues to work through a backlog of consumer credit cases. The average time for an authorisation to be processed was 11.2 weeks in the third quarter of 2017/18, down from 12.7 weeks the previous quarter. However, the maximum time […]
The FCA has launched a review to examine if Aviva‘s plan to cancel its high yielding preference shares broke market abuse rules. Investors pressured Aviva to scrap its plans to cancel £450m of high-yielding preference shares at par value, Last week the insurer said it was not going ahead with the plans. Cancelling the plans […]
Government plans for new incentives could lure more investors to so-called ‘knowledge-intensive companies’ Along with the “stick”, in the shape of provisions limiting relief for investment into venture capital trusts and enterprise investment schemes, there is the “carrot” of increased investment limits for knowledge-intensive companies. While knowledge-intensive companies have become a talking point of late, […]
Craig Inches, Head of Short Rates and Cash at Royal London Asset Management, provides three bond market trends this week and highlights that the doves were out in force at this month’s ECB meeting as bond yields drop. Read the article here The value of investments and the income from them is not guaranteed and […]
- Top trends
- Top trends
- Ian McKenna: Where the Standard Life/Phoenix deal could fall down for advisers
- Paul Lewis: Financial advisers and journalists are one and the same
- Who were the winners at the Money Marketing Awards?
- How much are advisers charging for pension transfers?
- Aegon apologises to advisers over Cofunds replatforming
News and expert analysis straight to your inboxSign up