Square Mile has added two new research features to the funds recommended in its Academy of Funds following the FCA’s recent concerns on the effectiveness of rating agencies. The FCA’s interim report on the fund industry, published in November, argued a high rating for a fund is not always a sign of a fund’s future […]
By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]
Major banks are in advanced stages of planning move some of their operations from London to Paris, according to France’s financial regulator. Benoit de Juvigny told the BBC’s Newsnight programme that “large international banks” have carried out due diligence on setting up subsidiaries in Paris, with with many other companies holding informal talks Eight global […]
The FCA has so far spent more than £150,000 on its regional events for investment, general insurance and mortgage firms. The total cost of the Live and Local events so far is £154,204. The events include sessions on compliance and professional governance for advisers, and industry roundtables. There are also one-to-one “surgeries” with an FCA […]
This year looks set to bring a new danger for pension savers and their employers.
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