View more on these topics

FSA publishes paper on purpose of regulatory capital

The FSA has published a paper examining the purpose of regulatory capital and the impact of its requirements on firms.

The paper written by FSA Central Policy Division&#39s Jeremy Richardson and Complex Groups Division&#39s Michael Stephenson discusses how financial firms could be placed in categories by their capital requirements.

“Some Aspects of Regulatory Capital” discusses how the FSA assesses risk profiles and looks at proposed rule alterations and the solvency margin for insurers within the EU.


Equitable Life launches pre-stakeholder plan

Equitable Life has launched its stakeholder-style pension which will include full financial advice.The Equitable 2000 personal pension plan offers a management charge of 0.9 per cent a year, just below stakeholder&#39s one per cent margin.The product will also feature no minimum contribution, no initial charge, penalty free exit and no penalties for stopping and starting […]

Fund managers shy of US

UK pension funds only allocate 1.6 per cent of their portfolio to US equities according to the final returns of the Caps performance measurement consultancy.The figures from the end of December are down 1.8 per cent from a year earlier and 4.3 per cent from five years ago, reflecting fund manager&#39s concerns about the risks […]

ABI appoints new deputy director-general

The Association of British Insurers has appointed Stephen Sklaroff as deputy director general replacing the outgoing Tony Baker.He will also be taking up the position of head of public and international affairs at the ABI.Sklaroff was previously a director in the Department of Trade and Industry&#39s energy team and head of communications in the DTI […]

US company to enter UK investment trusts market

Amerindo Investment Advisors Inc has announced plans to launch an investment trust in the UK.The fund will be the fund manager&#39s first presence in this country and will hit the market by March 15 at the latest.A minimum investment of £1,000 will be required to buy into the trust which will be available to both […]

Help, I’ve been appointed as a trustee. What are my responsibilities?

Graeme Robb, Technical Manager at Prudential looks at the key duties and responsibilities of a trustee.  This article will consider the following: Duties to be performed on appointment Investment duties Protecting the interests of beneficiaries Keeping accounts and records Distributing property to beneficiaries Duties to be performed on appointment Obtain a copy of the trust […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm