The FSA has fined Thinc Group £900,000 for sub-prime record keeping failings.
The FSA pulled no punches this week with its stark warning to life companies that open market option standards for annuities had to dramatically improve after discovering shocking numbers of consumer correspondence failings.
For the patient stock-picker, the current volatility – combined with the rather gloomy prospects for the global market – could offer a wealth of opportunities.
The FSA is investigating how it can remove regulatory barriers to make it easier for mortgage brokers to charge a fee for advising a client to go for a direct deal.
By James Dowey, Chief Economist and CIO, Neptune Investment Management The current volatility in global markets has precisely the same cause as had the major bout of volatility last August. As the Chinese RMB is pegged to the US dollar, US monetary policy gets exported to China. This means that a strong US economy and […]
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