The Bank of England has picked the only man on a shortlist of contenders to join its rate-setting panel, drawing criticism from a number of influential MPs. While the Treasury said roles were chosen on merit and it is “committed to diversity and encouraging the broadest range of candidates”, Treasury select committee chair Nicky Morgan said […]
The Financial Ombudsman Service has challenged the view it is biased against advisers and takes an inconsistent approach to the profession in rulings. Lead ombudsman Caroline Mitchell criticised several “myths” advisers have about the body at Money Marketing’s Retirement Summit yesterday. She says it is not true FOS will rule against an adviser if they […]
Prudential Financial Planning will launch an adviser training programme aimed at people who have not previously worked in financial services. Prudential says the programme is “underpinned by a six-figure investment” and will see candidates become fully fledged advisers within 18 months. Four entrants to the programme will undertake a 12-month intensive training programme in Prudential’s […]
TSB will be investigated by the FCA over the failed April launch of its computer system which left 1.9 million people without online banking access. Some of TSB’s five million customers are still experiencing problems after it moved to a system run by the bank’s Spanish owner Sabadell more than six weeks ago. TSB chief […]
As bonds face up to stormy conditions, Jonathan Platt, Head of Fixed Income at Royal London Asset Management shares three key trends our Fixed Income Team have seen shaping bond markets recently. Read the article here. Past performance is not a guide to future performance. The value of investments and the income from them is […]
- Top trends
- Top trends
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