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Rathbones: Fundamentals are winning the battle over emotions

Do stockmarkets lead the leading indicators? It sounds like a silly question but at the beginning of the year that was exactly what many investors seemed to think. Equities were sold off heavily in the first few months and the lower they went the louder the talk of a global downturn became. The chances of […]

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FCA slammed by complaints watchdog over handling of whistleblower

The Complaints Commissioner has slated the FCA over its handling of a whistleblower’s report citing admin errors, poor communication between departments and “insufficient rigour”. The FCA must pay the complainant £300 compensation as well as carrying out a proper assessment of the information and evidence the whistleblower has, if they agree to it. The complainant wrote […]

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Pru to cull pensions jobs in offshore move

Prudential is moving 81 individual annuities jobs out of Reading, including offshoring some roles to Mumbai, India. A minority of roles will be moved to Craigforth in Scotland. The individual annuities division handles servicing and bereavement. It is understood the offshoring could start in October. Unite the Union has started a 45-day consultation with Prudential. […]

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