View more on these topics

Guide to help firms on legal issues

Compliance advisory service Janada has published a guide to help smaller financial services companies ensure they are up to speed on regulatory and legal matters.

The Regulatory Health Check is aimed at both traditional companies, ranging from IFAs to small life companies, and companies embracing e-commerce strategies.

Janada says the guide provides an effective check for those bigger firms aiming at protecting a well known brand name and those smaller ventures wanting the correct procedures from the outset.

With increasing regulation, Janada says companies need to be more aggressive in ensuring they remain compliant.

The company says that, with the growing influence of the internet, a whole new range of potential regulatory and compliance pitfalls emerge.

It sees the two key issues as being how advice will change under e-commerce and the more obvious concerns over security.

The healthcheck will not only ensure companies are compliant but that they are aware of any forthcoming legislation or regulation.

Because Janada&#39s team are primarily lawyers, they will look at areas such as data protection, competition and human rights issues.

The guide will test emp-loyees&#39 understanding of processes, identify any gaps in knowledge and procedures and install regular monitor-ing services to police new processes.

Managing director Sandra Basaran says: “The real key to our business is to provide practical, plain English help and an added resource for financial services companies wanting to ensure their full and ongoing compliance.”


Northern Rock introduces one year fixed rate bond

Northern Rock has introduced a new one year fixed rate bond, the 33rd version of the product that the company has produced.The bond has a gross interest rate of 7.25 per cent a year and does not allow any withdrawals at all before the one-year maturity date. It is aimed at investors who are prepared […]

Independent View

The time is right to do away with the tied and independent labels which confuse the public and bring in the specialistsThe polarisation debate is hardly heated – in fact, it is hardly a debate at all. The consensus is that the so-called white labelling of products has its appeal and that multi-tied sounds like […]

Why, why Y-fronts, Delilah?

I always thought that if I ever did Correspondent&#39s Week, I might do it in the style of Bridget Jones&#39 diary. However, it is not a good week for counting glasses of Chardonnay and definitely not for counting vodka and Red Bulls.It&#39s festival time in Edinburgh and it promises to be a stamina-challenging week. I […]

Newton Fund Managers introduces European high yield bond fund

The fund is aimed at investors who need a high level of income and want to invest in Europe. It will invest in a portfolio of corporate bonds placed on the market by companies all over Europe, as well as a small number of UK companies.Although this fund promises a high yield of 9.46 per […]


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