FSA chairman has attacked the EU for its handling of the markets in financial instruments directive at the FSA conference last week. He branded the EU irresponsible for failing to conduct a cost benefit review before issuing the directive and said it was far from clear that the benefits to the UK would outweigh the costs.
The company set up to process split-cap compensation claims received 39,500 completed application forms by the July 18 deadline. Forms were distributed at the end of April by Fund Distribution, which expected to get around 50,000 applications. Fund commissioner Mike Ellis says the applications will now be assessed to determine eligibility for compensation. Investors suffering […]
SVG Investment Management, a subsidiary of FTSE 250 listed private equity business SVG Capital, has established the strategic equity capital investment trust.
Investment funds under management for June 2005 were up by 19 per cent on figures for June 2004 at 298bn. Isa funds under management of 41bn also rose by 21 per cent.
Premier Fund Managers has brought out the Pan-European Growth Plan – Limited Editions No 27.
By Neil Jones Technical support manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. The treatment of non-UK domiciles that are resident in […]
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Simplybiz says adding another partner will gives its members more choice and spread the workload among providers
Investors are shunning US equities as turmoil within President Trump’s administration continues, with sentiment towards the asset class dropping from 0.85 per cent to -2.54 per cent in the month to August. US equities fared almost as badly year on year, with the second biggest drop in sentiment of 13.06 percentage points, the Lloyds Private […]
Nottingham Building Society is offering free financial advice to members as part of an extension of its reward scheme. The building society is promoting the free, face-to-face financial planning as part of a member reward scheme that will also to deliver cash back payments to select members and other benefits to more than 100,000 of […]