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Banks to plead guilty over forex rigging

Barclays and Royal Bank of Scotland are set to plead guilty this week to charges of rigging the foreign exchange market, with fines running into almost £3bn. The two banks are among the institutions that have been under investigation of manipulation of currency benchmarks since 2013. The Sunday Times reports both are set to accept substantial […]

Tom Kean: Confused regulation is holding back advisers

I like to think one of the skills that makes me a decent adviser is the ability to convert complex, illogical and sometimes-opaque notions into bite-sized snippets of information clients might understand. Thirty years in the job has led me to accept, although we live and breathe our subject, that is simply not the case […]

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Pension savers shun annuities for drawdown and UFPLS

Drawdown and lump sums are being favoured by pension savers a month after the introduction of the radical new freedoms, figures from Hargreaves Lansdown show. Less than one in ten (8.4 per cent) of Hargreaves’ customers have bought an annuity since 6 April, compared to 75 per cent who entered drawdown and 16.6 per cent […]

India Q&A: a market with momentum?

Kunal Desai, Head of Indian Equities, Neptune India is in the midst of a significant transformation, with Prime Minister Narendra Modi undertaking an ambitious reform agenda. But what is the current state of the market and what makes India an attractive investment story today? Read the article here For investment professionals only – not for […]

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