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FSA strikes off Northern Ireland adviser

The FSA has struck off Northern Ireland IFA Brian McGee, trading as Brian McGee Investments and Pensions, after he failed to comply with a Financial Ombudsman Service award.

On June 3, 2008 the FOS found in favour of a complainant but McGee refused to pay the award, despite repeated requests by the FOS and the FSA.

The FSA has now cancelled McGee’s permission to carry on regulated activities.

In its final notice the FSA says: “You therefore did not pay due regard to the interests of your customer or treat her fairly.”


Reforming India: just the beginning

By Kunal Desai, Neptune India Fund

As global investors continue to scour emerging markets through the lens of reform potential, India shines bright. Indeed, we think it can sparkle even brighter. We anticipate India’s self-imposed 10-year ‘policy holiday’ to turn into one of the most pro-growth and pro-investment policy calendars seen in Asia in years. The Indian electorate has engineered a historic verdict. We now have the strongest Indian government since 1984, with the pro-market Bharatiya Janata Party (BJP) achieving an absolute majority for the first time in the party’s history.


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