Recommended

FCA logo new 2 620x430
2

FCA fines Merrill Lynch International £13m over transaction reporting

The FCA has fined Merrill Lynch International £13.3m for transaction reporting failures. The regulator says MLI incorrectly reported over 35 million transactions, and failed to report a further 121,387 transactions between November 2007 and November 2014. The fine is the highest ever imposed by the regulator for transaction reporting failures. The FCA says the size […]

Ed-Miliband-Labour-Conference-2012-700x450.jpg
1

Labour leader Ed Miliband resigns

Ed Miliband has resigned as Labour leader, effective following today’s VE day commemorations, after the party was hammered in the general election. Miliband’s party lost out heavily last night, retaining just a single seat in Scotland, while shadow chancellor Ed Balls lost his seat in Morley and Outwood. In a speech today, Miliband said Labour deputy […]

Groves-Steve-700x450.jpg
2

Partnership eyes platform tie-up as annuity slump continues

Partnership is working on plans to tie up with a platform in the second half of the year as the specialist provider looks to counter a 73 per cent fall in individual annuities. In its results for the three months to the 31 March, published today, Partnership says it is working with a third party […]

Richard_Freeman_Intrinsic
4

Richard Freeman: Networks will survive and thrive

The news Sesame Bankhall is to close its investment adviser network has led some to call into question the network model and imply the directly authorised route is the only option for advisers. I allow myself a wry smile when I read these comments, which are often made by individuals who have enjoyed long careers […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment