Steven Dagworthy, 45 from Danbury, has been jailed for six years for defrauding investors out of more than £3m in a Ponzi scheme. He was disqualified from acting as a company director for 15 years.
Structured product provider and administrator Meteor Asset Management says ongoing complaints against the company relating to Lehman-backed plans will not affect its deal to acquire assets from NDF Administration and Defined Returns Limited.
A year ago, few were predicting a strong market recovery, with the general view being that recession and high levels of Government debt would prove difficult for UK investors. Corporate bonds and large-cap UK equities were the safe-haven choices. In the end, 2009 produced positive returns for almost all sectors. What will be the best-performing sectors in 2010?
Invesco Perpetual’s Neil Woodford believes there is a high probability of the UK seeing its AAA rating downgraded if the government does not address the Budget deficit.
Syndicate Asset Management has launched is new wealth management business, Ashcourt Rowan.
Many commentators have suggested the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune Head of European Equities Rob Burnett discusses the likelihood of this happening. Click here to read more Important informationInvestment risks Neptune funds may have a high historic volatility rating and past performance is […]
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The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]
Platform Alliance Trust Savings must compensate a client after he was unable to make several investments because the online service was down. The client, Mr W, had around £2m in his Sipp fund with ATS. In late June 2016, his advisers tried to make a number of investments into specific funds, however, these did not […]
Last year, Money Marketing took a deep dive into how advisers are remunerated with an extensive reader survey. This year, we’re going even bigger and better, teaming up with recruitment consultancy BWD to bring you the definitive picture on pay. With your help, we hope to decode how qualifications, employment status, geography, gender, job title and other […]