The Financial Services Compensation Scheme paid out £20.9bn in compensation payments in 2008/09, up from £82.93m in 2007/08.
The Association of British Insurers has warned that Myners’ proposals for shareholder reform in public companies could have dangerous implications for the market.
RBS Intermediary Partners
2 Year Base Rate Tracker
Ishall tell you a story about a very acquisitive, rapidly growing IFA. Over a period of a few years, it accumulated businesses, staff and clients and boasted after a few years of being a major distributor of financial products.Meanwhile, the average IFA kept his head down, worked hard, serviced his clients and looked on in […]
The Serious Fraud Office has confirmed that it has officially launched an investigation into Keydata Investment Services.
Les Cameron, head of technical, explores how applying the new Finance Act 2016 provides an opportunity to simplify, which could result in attractive outcomes. Read more
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]