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Towry completes £47.3m refinancing deal
- Thursday, 20 September 2012
- Articles
Wealth advisory firm Towry has completed a £47.3m refinancing package from Macquarie Bank and Royal Bank of Scotland.
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FSA fines Pi Financial for unsuitable advice on UCIS and structured products
- Thursday, 20 September 2012
- Articles
The Financial Services Authority has fined Pi Financial £58,300 for unsuitable sales of high-risk products.
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New RDR hub from AXA Wealth to help advisers with changes
- Thursday, 20 September 2012
- Articles
AXA Wealth, a sponsor of the Institute of Financial Planning, has launched an online RDR hub for Financial Planners.
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IMA welcomes UK-US agreement on tax evasion
- Thursday, 20 September 2012
- Articles
The Investment Management Association has welcomed the UK-US agreement on FATCA and tax evasion but said it will be lobbying for final amendments.
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Contributions to DC schemes increase but membership remains flat
- Thursday, 20 September 2012
- Articles
The amount of money being saved into defined contribution (DC) pension schemes has increased, according to the Office for National Statistics.
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Scottish Widows unveils auto-enrolment platform
- Wednesday, 19 September 2012
- Articles
Scottish Widows, a sponsor of the Institute of Financial Planning, has unveiled its auto-enrolment platform for employers.
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Bank of England votes unanimously on policy decisions
- Wednesday, 19 September 2012
- Articles
The Monetary Policy Committee voted unanimously at this month's meeting to hold the base rate at 0.5 per cent and stock of asset purchases at £375bn.
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Ombudsman warns that insurance complaints are on the up
- Wednesday, 19 September 2012
- Articles
Natalie Ceeney, chief executive of the Financial Ombudsman Service, has warned insurers that the Ombudsman has seen a rise in complaints about insurance firms.
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Aberdeen Adviser Intelligence sessions to be held in October
- Tuesday, 18 September 2012
- Articles
Aberdeen Asset Management are holding their latest series of Adviser Intelligence sessions in October, in association with the Institute of Financial Planning.
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CPI inflation falls to 2.5 per cent in August
- Tuesday, 18 September 2012
- Articles
Consumer Prices Index (CPI) inflation has fallen to 2.5 per cent in August, down from 2.6 per cent in July, according to the Office for National Statistics.
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