This week former RBS chief executive Sir Fred Goodwin handed back more than a third of his pension.
The Personal Finance Society is calling for its members to volunteer for the Citizens Advice Bureau’s MoneyPlan initiative, which provides free generic financial advice to consumers.
Government funding for selected financial advisers to obtain ISO 22222 through Standards International has been extended for a further year, following the Government’s Train to Gain initiative.
Fortis Investments is looking for opportunities to go short in developed equities in the view that unwarranted optimism is being priced into the market.Emiel Van Den Heiligenberg, the head of tactical asset allocation and balanced solutions, says previous market bottoms have lasted from three-and-a-half to 11 months. This time, however, he expects the current downturn […]
By James Dowey, Chief Economist and CIO at Neptune The Bank of Japan (BoJ) surprised investors on 28 April by holding monetary policy steady following the meeting of its Policy Board. Many investors had expected an easing of monetary policy and, as such, the TOPIX Index has fallen and the yen has strengthened. Why has […]
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A former IFA who pocketed clients’ Sipp money has been given a six-year jail sentence. Darren Say, who ran advice firm Wealth Connection, was found guilty of fraud by abuse of position and of fraudulent trading after creating a pension scheme that loaned money to clients’ Sipps before investing funds in a property company where […]
Consumer champion Martin Lewis has published a passionate warning about scam advertisements using his identity to endorse investment and insurance schemes. Lewis, founder of Money Saving Expert, has posted a video denouncing a cloud-based trading scheme that claims he invested £500,000 in it. He says in the video: “It is a con, it is a […]
The FCA cancelled the authorisations of more than 200 firms last year for failing to meet “basic regulatory requirements” like paying their fees or filling out regulatory returns. The regulator revealed the figure in an update today, that its Threshold Conditions Team took enforcement action against at least 207 firms for failing such compliance failings […]