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Professional bodies respond to Kay Review’s concern on City short-termism
- Tuesday, 24 July 2012
- Articles
The Investment Management Association has commented on the Kay Review, saying asset managers do not contribute to short-termism.
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Kay Review of UK equity markets recommends trust must be restored
- Tuesday, 24 July 2012
- Articles
The independent Kay Review, which reviews the UK's equity markets, has said trust needs to be restored in the stock markets and incentives realigned.
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Incorrect SSAS schemes could incur huge fines from regulators
- Monday, 23 July 2012
- Articles
Firms using small self administered schemes (SSAS) could be liable for substantial fines if they fail to abide by the rules.
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Seven more banks join interest rate swap redress scheme
- Monday, 23 July 2012
- Articles
Seven more banks have joined the redress scheme for interest rate swap products, according to the Financial Services Authority.
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Think-tank says Ombudsman should replace FCA’s role
- Monday, 23 July 2012
- Articles
The FSA's replacement - the Financial Conduct Authority - should be scrapped and the Financial Ombudsman Service given the role of consumer protector, says a leading economic think-tank.
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Assets under management to fall in safe haven sectors, says Ernst & Young
- Monday, 23 July 2012
- Articles
Assets under management in traditional 'safe havens' such as bonds and money markets are likely to fall as the economy recovers, according to the Ernst & Young ITEM Club.
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Treasury to clamp down on tax advisers promoting avoidance schemes
- Monday, 23 July 2012
- Articles
The Government is proposing to crack down on tax advisers who promote aggressive tax avoidance schemes.
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IFP members progressing well with gap-fill requirements
- Friday, 20 July 2012
- Articles
Almost 70 per cent of Institute of Financial Planning members have completed their gap-filling requirements, according to the IFP.
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Government needs to work with Financial Planners to encourage saving
- Friday, 20 July 2012
- Articles
The chief executive of international financial advice firm deVere Group believes that the Government must work closer with the financial advice industry to revive the UK's savings culture.
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More than two thirds of adults fear working past 65
- Friday, 20 July 2012
- Articles
More than two thirds of adults fear being forced to work past 65 because they cannot afford to retire, according to Zurich.
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