Regulation
Financial services
Morningstar has revealed how it intends to present past fund performance post-RDR, following the introduction of new ‘clean' share classes.
22 November 2012
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UK
F&C has appointed Ross Duncton to spearhead its new direct to consumer push, part of chairman Edward Bramson's strategic review of the business.
21 November 2012
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Wealth managers
Credit Suisse is to combine its private banking and asset management divisions to create a wealth management arm.
20 November 2012
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Wealth managers
The Financial Ombudsman Service (FOS) has revealed that it is awaiting a lead decision on investments in failed firm Keydata before it decides the fate of thousands of investors seeking redress.
20 November 2012
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1 min read
Commodities
BP has agreed to pay $4.5bn to settle charges related to the 2010 Deepwater Horizon disaster.
15 November 2012
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1 min read
Wealth managers
The Financial Services Authority (FSA) has successfully prosecuted a two-timing investment banker for insider dealing.
15 November 2012
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Wealth managers
The Financial Services Authority (FSA) is to produce fewer and more concise consultation papers in an attempt to better connect with firms.
15 November 2012
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Wealth managers
L&G has unveiled its plans for adviser charging post-RDR, which include facilitated adviser charging and the removal of commission.
15 November 2012
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Wealth managers
The Financial Services Authority (FSA) has issued its joint largest retail fine of £10.5m to Card Protection Plan Limited (CPP) for mis-selling insurance products.
15 November 2012
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2 min read
Wealth managers
The Financial Services Authority (FSA) has brought cases against Arch Financial Products and the company's chief executive Robin Farrell and chief operating officer Robert Addison.
14 November 2012
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1 min read
