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Hopes fading for levy leap being shared out

FSA managing director of regulatory services David Kenmir has indicated it is unlikely to spread the escalating Financial Services Compensation Scheme levy across the industry. Rickman Tooze IFA Dylan Jenkins says: “I would expect further bad news for the IFA sector. Providers who pushed these products in the first place should pay.”

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Technology Mortgage Trading Exchange CEO Mark Lofthouse says the pace of electronic trading is picking up all the time to the benefit of everybody in mortgages and he sets out his vision of a common trading platform to integrate online business.

Guidelines bring accolade for Walsh

ABI head of health policy Richard Walsh has received an award from Pinkfinance.com recognising the “respect and integrity” that he has shown to the gay community. The website for gay IFAs says Walsh’s role was instrumental during negotiations to create new HIV and insurance guidelines .The award was presented by human rights campaigner Peter Tatchell […]

Fidelity takes stock of the business shifts in Europe

The radical differences bet- ween the top 10 stocks in Europe today and those of 20 years ago highlights the dangers of passive investing, warns Fidelity. The five biggest stocks in the MSCI Europe excluding UK index 20 years ago no longer feature in the top 10. Only Swiss banking giant UBS appears in both […]

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