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Reeves takes on shadow pensions

Labour MP for Leeds West Rachel Reeves has taken up the Shadow pensions brief as part of party leader Ed Miliband’s reshuffle.

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SimplyBiz slams Hoban’s “offensive” McDonald’s RDR comments

Treasury financial secretary Mark Hoban’s comments likening the current required qualification level for IFAs to a diploma course offered by McDonald’s are offensive and betray a lack of knowledge about financial services, says SimplyBiz. Hoban made the comments in a Westminster Hall debate this morning which addressed the RDR’s impact on advisers. SimplyBiz managing director […]

Morgan Stanley reissues structures

Morgan Stanley IQ has reissued three six-year structured products based on FTSE 100 index performance, of which two have the potential to kick out after three years with the option to stay invested until maturity.

Seaton suicide after stealing £1.1.m

The inquest into the death of former Rowanmoor Pensions managing director David Seaton has found that he committed suicide after police discovered he stole £1.1m from a client’s account.

OBSR co-founder Downs retires after sale

Old Broad Street Research co-founder Richard Downs is to take early retirement on October 22 thanks to the sale of the firm to Morningstar. Co-founder Richard Romer-Lee, currently research director, is to become a joint managing director with Nigel Whittingham, currently develop-ment director. Downs says: “OBSR has been a major part of my life, so […]

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