Sales of bond funds were particularly high last quarter on the Cofunds platform, accounting for the top three funds with execution-only clients.
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IMA warns the FSA's treatment of legacy business remains unclear
- Tuesday, 17 January 2012
- Articles
The Investment Management Association has today published its response to the FSA consultation on the treatment of legacy business from 1 January 2013.
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FCA best placed to regulate retail finance says Consumer Panel
- Tuesday, 17 January 2012
- Articles
The Financial Services Consumer Panel has today called for the new Financial Conduct Authority (FCA) to be given full responsibility for the regulation of retail financial services, including consumer credit. Read more ...
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Inflation drop means 'hard times' for savers - Moneyfacts
- Tuesday, 17 January 2012
- Articles
The Office for National Statistics reported that the UK the Consumer Prices Index (CPI) fell during December from 4.8% to 4.2%, a slightly bigger fall than expected by many experts.
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Cartwright leaves Bluefin for Defaqto
- Tuesday, 17 January 2012
- Articles
David Cartwright has left his position as head of research and development at Bluefin to join Defaqto.
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Which? finds huge variables in adviser fees
- Monday, 16 January 2012
- Articles
Which? has found huge variations in the cost of financial adviser services nationwide.
Read more ...Claims management companies cause surge in FOS complaints
- Monday, 16 January 2012
- Articles
Claims management companies made up almost half of cases brought to the Financial Ombudsman Service (FOS) during 2011.
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Economic think tank predicts base rate to remain static until 2016
- Monday, 16 January 2012
- Articles
Economic think-tank the Centre for Economics and Business Research (Cebr) has forecast that the Bank of England base rate may not increase until 2016. It has been at 0.5 per cent since March 2009.
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Accountant sang "celebration" song after ripping off the public
- Friday, 13 January 2012
- Articles
A professional tax adviser and former Inland Revenue employee has been found guilty at Blackfriars Crown Court of trying to defraud taxpayers of £70m. He spent his cut of the stolen cash on expensive second homes, exotic holidays, works of art and luxury cars.
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Government blocks tax avoidance involving post-cessation trade relief
- Friday, 13 January 2012
- Articles
The Government is to introduce new legislation to block a tax avoidance scheme involving post-cessation trade relief.
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