RBS fails Bank of England stress test

Royal Bank of Scotland has emerged as the weakest lender in the Bank of England’s annual stress test of the banking system. In its banking health check report, published today alongside its financial stability report, the Bank says RBS did not meet its common equity tier 1 capital rate requirement as well as its tier […]


FSCS payouts over Arck hit £2.8m

The Financial Services Compensation Scheme has paid out around £2.8m over 94 claims in connection with collapsed property investment firm Arck, data provided to Money Marketing shows. Arck, which was liquidated in 2012, invested clients’ pensions through Sipp firm HD Administrators and other related companies. A Serious Fraud Office investigation led to former Arck partners Richard […]


EU rethinks financial market access rules

Senior EU officials are reviewing how they grant market access to overseas financial firms, which may make it harder for City firms to operate post-Brexit. The Financial Times reports officials at the European Commission are considering equivalence rules which give limited access rights to countries outside the EU where regulations are broadly similar to EU […]

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


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