Fund managers will contribute more than £37m to the FSA's total funding requirement for 2012/13, an increase of 32.4% on last year.
Investment Week |
02 Feb 2012
Unsecured lending to consumers fell the most in almost 20 years last month, the Bank of England (BoE) said, reigniting expectations it would authorise further asset purchases next month.
Investment Week |
01 Feb 2012
The FSA has fined Ravi Shankar Sinha, the former CEO of JC Flowers & Co UK, £2.867m for fraudulently obtaining £1.367m for himself from a company owned by a private equity fund advised by JC Flowers by means of a fictitious invoicing scheme.
Investment Week |
31 Jan 2012
The United Kingdom was one of only two of the 27 EU member states to refuse to sign a fiscal treaty on budget discipline last night.
Investment Week |
31 Jan 2012
The asset management industry must create an industry standard to bring greater transparency to investment charges, Fidelity Worldwide Investment said today.
Investment Week |
30 Jan 2012
Here's a New Year puzzle for you. Fund A has annual charges of 1.5%, and in addition incurs annual trading costs in its portfolio of 0.2%. Fund B also has charges of 1.5% a year, but its trading costs are 0.4% a year. Which is better value for money?
Investment Week |
27 Jan 2012
Royal Bank of Scotland (RBS) boss Stephen Hester is being urged to turn down a £963,000 bonus in shares awarded to him by the bank.
Investment Week |
27 Jan 2012
Deputy Prime Minister Nick Clegg is to urge the coalition today to "go further and faster" in implementing an increase in the income tax threshold.
Investment Week |
26 Jan 2012
More than 100 London investment bankers have launched a claim in the High Court for £42m in unpaid bonuses.
Investment Week |
26 Jan 2012
Morgan Stanley Smith Barney has this morning confirmed the sale of wealth manager Quilter to private equity firm Bridgepoint, in a deal reportedly worth £175m.
Investment Week |
24 Jan 2012
Financier Allen Stanford is to stand trial in Houston on Monday charged with masterminding a $7bn 'Ponzi' scheme into which more than 20,000 people were lured by the promise of high returns.
Investment Week |
23 Jan 2012
St James's Place (SJP) welcomed £5.2bn worth of new single investments in 2011 as the wealth manager boosted total funds under management to £28.5bn, up 6% over the year.
Investment Week |
19 Jan 2012
Scott-Sinclair
