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FSA gets clear english award

The FSA has been awarded a Clear English Service award from the Plain Language Commission for its correspondence.

FSA letter writers from its correspondence unit were put through a nine-month coaching programme with the Plain Language Commission. The clarity, grammar and punctuation of more than 200 letters were assessed.

The FSA deals with around 3,000 letters a year.

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IIB challenge to dual regulation

Rules forcing IFAs selling general insurance products to submit to dual regulation by the FSA and the General Insurance Standards Council are to be challenged at the Competition Commission Appeal Tribunal.The appeal, by the Institute of Insurance Brokers and the Association of British Travel Agents, challenges the GISC&#39s controversial rule 42F, which forces general insurance […]

Property prospers for BFS

Investment trust specialist BFS Investments has introduced a split capital investment trust that invests mainly in commercial property.BFS managed properties aims for capital growth and a high level of income. A property portfolio makes up 65 per cent of the fund and invests in commercial properties rented out to Government departments, banks, building societies and […]

HSBC Bank International – Nasdaq Plus Growth Fund

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SME investment service goes live

Online investment service DPO goes live today when it issues prospectuses to IFAs for its first offering, Harrogate-based media business Media Generation.The direct public offering service gives retail investors the opportunity to invest in small to medium sized companies at an early stage. Investments start at £500 and qualify for the tax benefits of the […]

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk

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