Concordia, the collaboration between the five bigger London-based DAs – Savills Private Finance, Alexander Hall, Chase de Vere Mortgage Management, Hamptons International and Cobalt Capital – has dwindled in size to just two members.
The FSA is planning to stop all future accruals to its staff final-salary pension scheme from March 31, 2010.
The Financial Services Consumer Panel has criticised the Turner Review for failing to address banks’ “appalling” treatment of customers.
The FSA has fined Blackburn insurance broker Aspray Limited £21,000 for failing to monitor its appointed representatives and for misleading its clients and the regulator.
According to George Osborne “people like Isas – because they’re simple”. Fiona Tait is not convinced… Contributions & bonuses What he said: “From April 2017, anyone under the age of 40 will be able to open a Lifetime Isa and save up to £4,000 each year. And for every £4 you save, the Government will […]
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Lawyers who represent investors against Berkeley Burke over allegations of mis-sold Sipps estimate more than 1,000 claims could be in the pipeline. The High Court has approved a group litigation order relating to claims against Berkeley Burke Sipp Administration, and those affected have until 23 July 2018 to register to join the group action. It […]
Do not be spooked by recent falls. The bull market has further to run. Stockmarkets have been thriving in the not-too-hot, not-too-cold “Goldilocks” backdrop of the last few years. Growth has been strong enough to boost profits, and inflation low enough to keep central bank policy loose. Recent stockmarket weakness is centred on signs that […]
The FCA continues to engage with the asset management industry on new European regulations as questions remain over how firms should report costs and charges. After over a month since Mifid II and Priips came into force, concerns have been raised on how fund fees, in particular transaction costs, should be calculated under the two […]