The FSA has banned two directors of insurance broker FHI Limited for failing to ensure that their firm complied with FSA client money rules.
Japan is in the midst of its interim reporting season and while first-half numbers have generally met expectations, firms have witnessed a sharp deterioration since October, with orders for machinery and machine tools slowing sharply.
Half of advisers say information distributed by fund managers in the current climate lacks enough detail for them to advise clients properly, says a Centaur YouGov survey.
Rent on residential properties fell for the first time in five years in October as property supply boomed, according to the Royal Institution of Chartered Surveyors.
The manager of the Artemis Strategic Assets Fund explains why he is holding onto his (expensive) bond shorts and unusually is keen to buy equities.
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It is likely the increased regulatory scrutiny on fund managers’ value could filter down to advice firms in the future In my last article, I considered the influence a non-executive director could have in challenging an advice firm’s business model in light of the pension transfer issues. Now, in its asset management market study final […]
The financial services industry has failed to find ways of nudging consumers to think about their options at retirement, despite three years of pension freedoms. A panel at the Association of British Insurers retirement conference today lamented the way companies talk to people about pensions and the lack of engagement it inspires. ABI director general […]
The new chief executive of the single financial guidance body can expect a salary of £175,000 a year, according to a job advert posted online. The advert, posted on the Cabinet Office website says applications will close in mid-May with final interviews held in early July. The date for announcing the successful candidate has not […]