Recommended

RBS-logo-700x450.jpg

Santander pulls out of Williams & Glyn sale

Santander has pulled out of talks with Royal Bank of Scotland to buy more than 300 Williams & Glyn branches, according to the Financial Times. The talks fell through due to RBS asking for more money than Santander were willing to pay. Interested bidders are BBVA, Secure Trust and Virgin. The network has been valued […]

US-USA-America-Federal-Reserve-Fed-700x450.jpg

Fed paves the way for 2016 rate rise

The US Federal Reserve has voted to keep rates on hold, but chair Janet Yellen has argued the conditions for a tightening in policy are close to being met. Three members of the Federal Open Market Committee dissented from the decision to keep rates on hold, including Eric Rosengren, a traditionally dovish member of the committee who […]

HM-Treasury-700.png
8

Treasury challenged over new advice definition

Firms have raised concerns the Treasury’s proposed definition of advice does not address the lack of clarity between advice and guidance and risks taking the sector back to pre-RDR days of product-centric advice. The consultation was recommended in the Financial Advice Market Review and proposes amending the definition of advice so that consumers only receive […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment