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Man arrested over unauthorised investment scheme

The Dorset Police have arrested a man who is suspected of running an unauthorised collective investment scheme.

The FSA executed search warrants on two premises in Poole, in tandem with the Dorset Police, which resulted in one person being arrested.

No-one has been charged at this stage in connection with the FSA’s investigation.



BBA continues to defend PPI sales

The British Bankers’ Association is continuing to defend the way banks sold payment protection insurance, despite recent uproar over widespread PPI misselling. Speaking at a Which? conference on financial services reform in London this week, BBA executive director of retail Eric Leenders set out why the trade body launched its judicial review into PPI redress […]

Personal business

Simon Carling describes how he has developed his personal injury advisory practice, eschewing conventional marketing and deriving most of his business from word of mouth and referrals. By Cherry Reynard


UKAR chief warns of “tsunami” of repossessions when rates rise

Britain will face a huge wave of repossessions as soon as interest rates start to rise again, according to the chief executive of the firm running £80bn of mortgages from bailed out banks. In an interview with The Guardian, UK Asset Resolution chief executive Richard Banks says the projections for the number of people falling […]

Global equities: time to de-risk?

While equity valuations have doubled since the financial crisis, Simon Edelsten explains that there are still pockets of value. But not where you might think Macro-economic uncertainty is causing turbulence in equity markets. Artemis Global Select Fund manager Simon Edelsten says his investment themes are taking him in a different direction to some of his peers – away […]


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