The Bank of England will continue its quantitative easing programme. The Bank’s Monetary Policy Committee (MPC) today announced that it expects the programme to be completed next month.The MPC will review the scale of the programme again at its August meeting. The Asset Purchase Facility, which was increased from £75 billion to £125 billion in […]
As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.
A whistleblower who wrote a report criticising Lloyds Bank’s handling of a scandal at HBOS has rebuked the FCA for not investigating, the Financial Times reports. Former Lloyds staffer Sally Masterton wrote to FCA chief executive Andrew Bailey last year, asking him to look into the conduct of Lloyds senior managers towards her. In 2014, […]
The FCA has issued a final notice to Hertfordshire-based Freddy David who is serving four and six-year jail sentences concurrently for two counts of fraud and deception. David was convicted last July of one count of obtaining a money transfer by deception and one count of fraud by abuse of position. The court heard David […]
The Financial Services Compensation Scheme has published its latest list of defaulted firms, with financial and investment advice firms accounting for more than half. A total 12 advice firms are named on the list of 21 firms, along with London-based investment specialist Vantage Investment Group. London-based adviser Sequant Capital Limited has been named on the […]