The Serious Fraud Office has officially launched an investigation into Keydata Investment Services. Administrator PricewaterhouseCoopers will be holding a creditors’ meeting on August 17 to approve the Keydata administration proposals.
Keydata founder Stewart Ford has appointed the FSA’s former “trouble shooter” Harvey Knight at law firm Withers to act as his solicitor.Knight was the FSA’s lead authorisation and approvals lawyer and internal trouble shooter for six years.He advised the regulator’s senior management in relation to its legal and reputation management issues across authorisation, supervision and […]
More than 250 partners have signed up to Positive Solutions’ Positive Partnerships initiative.
Morgan Stanley has appointed Neville Godley as vice president of its retail structured products distribution team.
US mortgage lender Fannie Mae recorded an £8.8bn net loss for Q2 this year, an increase of 84 per cent on the previous year.
The Department for Work and Pensions (DWP) has recently published new research, which once again demonstrates how the prospect of retirement is changing for older workers.
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Three advice firms have stopped giving pension transfer advice following work by the FCA over the future of the British Steel Pension Scheme. A statement this afternoon details the FCA’s “information gathering exercise” to identify the firms that have been most active in advising people to transfer out of the scheme. The regulator got information from […]
The FCA has launched a consultation on its approach to authorisation and competition, which will be open to responses until March next year. Following the launch of the FCA’s mission in April, the approach documents are the second and third in a series of papers explaining how the watchdog tackles regulation. The first document, the […]