The new business is to be called Towers Watson with Watson Wyatt chief executive John Haley becoming chief executive of the new firm and Towers Perrin chief executive Mark Mactus becoming president.
The FSA has banned Hornchurch-based mortgage broker Abdul Karim for submitting a mortgage application for himself that was based on false information about his income.
The Association of Independent Financial Advisers is calling for an independent review of the decumulation retirement market in order to increase consumer understanding.
On last week’s RDR consultation paper publication
It is very heartening to see the FSA tackling at last the menu of industry failings, in particular, the comm-ission issue, which has been the intermediaries’ Achilles heel for so long.
HM Revenue & Customs has launched a consultation paper into a code of practice on tax for banks.
By Kunal Desai, Manager of Neptune India Fund Kunal Desai recently celebrated his third anniversary as manager of the Neptune India Fund. Kunal has built a strong track record of outperformance since he assumed responsibility for the Fund, delivering a return of 30.3 per cent ompared to the MSCI India Index gain of just 14.0 […]
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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 […]