Tuesday, 17 December 2013
Articles
FCA headquarters
Three men have been banned from working in the financial services industry for "disgraceful failings" after £4m in commission was generated from moving investments unnecessarily. Read more ...
Tagged under #Pension Regulator #Financial Conduct Authority #Tracey McDermott #CBW Trustees Limited #CBW Pensions Forensics Limited

Tuesday, 17 December 2013
Articles
MAS website
THE under fire Money Advice Service has announced it is cutting its budget by 1 per cent to £77.5m. Read more ...
Tagged under #Money Advice Service #Caroline Rookes #financial services industry #National Audit Office #Treasury select subcommittee

Tuesday, 17 December 2013
Articles
ONS graph showing CPI 12-month inflation rate for the last 10 years: November 2003 to November 2013
The consumer price index rose in the year to November by 2.1%, slightly down from 2.2% in the previous month, according to the Office for National Statistics. Read more ...
Tagged under #inflation #CPI #Office for National Statistics #RPIJ #CPIH #Petrol prices

Tuesday, 17 December 2013
Articles
EU Parliament
A trade association has hailed the overturning of an EU regulation on share trading as a victory for its campaign. Read more ...
Tagged under #EU #Wealth Management Association #Markets in Financial Instruments Regulation #Retail Service Provider system

Tuesday, 17 December 2013
Articles
Laith Khalaf of Hargreaves Lansdown
More than 2m workers have begun saving into a workplace pensions scheme as a result of automatic enrolment but 3m are missing out on auto enrolment for a variety of reasons. Read more ...
Tagged under #pensions #Hargreaves Lansdown #Autoenrolment #The Pensions Regulator #Laith Khalaf

Monday, 16 December 2013
Articles
Ray Chinn of LV=
The GAD rate for January 2014 has been announced as 3.25% - up from 3% - a move which will help people using income drawdown, says LV=. Read more ...
Tagged under #LV= #income drawdown #Ray Chinn #GAD rate

Monday, 16 December 2013
Articles
iShares website
iShares has announced a new fund aimed at giving investors access to Eurozone equities while sidestepping volatile financial stocks. Read more ...
Tagged under #BlackRock #iShares #Tom Fekete, #London Stock Exchange #Euroclear

Monday, 16 December 2013
Articles
Verrazzano website
A new European fund has been announced by Verrazzano Capital, the European equity specialist investment boutique founded by Guillaume Rambourg. Read more ...
Tagged under #Gartmore #Guillaume Rambourg #Kepler Partners #Verrazzano Capital

Friday, 13 December 2013
Articles
FCA HQ
Porta Verde Financial Services has been fined £25,000 by the FCA after two of its appointed representatives mis-sold insurance, often to elderly and vulnerable customers. Read more ...
Tagged under #Tracey McDermott #Porta Verde #satellite

Friday, 13 December 2013
Articles
Skandia's offices
The head of wealth planning at investment firm Skandia has left by mutual consent – having only just rejoined in February.
Read more ...
Tagged under #Skandia #Colin Jelley #Nigel Jeffries #Society of Trust and Estate Practitioners

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