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Scott Sinclair
The FSA published its annual consumer survey last week. It’s often a dull read – mainly because little ever changes in the public’s perception of providers, products and the FSA.
Investment manager Hargreaves Lansdown today said it delivered record underlying profits of £72m in the second half of last year.
The US Treasury today issued updated proposals designed to fight offshore tax evasion.
Other Scott Sinclair articles
Advisers are expected to have to pay part of a FSCS compensation bill for the alleged mismanagement of high risk Contract for Difference (CfD) investments which could total £13m.
Ascentric saw net new assets rise 8% in 2011 after 226 extra adviser firms signed up to the Royal London-owned wrap.
The mortality rate in England and Wales continued to improve last year, prompting actuaries to warn of a knock-on effect on pensions.
More than £70m has so far been paid out to some 95,000 individual policyholders in Equitable Life, according to a progress report from the Treasury.
The Bank of England will this week pump at least £50bn into the economy, according to a report in the Independent.
The way annuities are sold is costing hundreds of thousands of retirees as much as £1bn in future pension income, a report by the National Association of Pension Funds (NAPF) claims.
An alarmingly high number of consumers do not know how to risk-rate standard financial products, such as equity ISAs and with-profits bonds, research suggests.
The FSA has temporarily shut the sale and rent back (SRB) market after a review found most transactions were either unaffordable or unsuitable and should not have been sold at all.
Financial planner Joel Adams, one of the first to be issued a Statement of Professional Standing (SPS) by the CII, has kindly agreed to share his certificate so others can see what they look like (if they're interested).
The number of bank staff stealing or deceiving customers has risen by more than 40% in the last year, fraud figures show.
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