Regulation
Financial services
The Financial Services Authority (FSA) is to conduct a review into the sale of unregulated collective investment schemes (UCIS) early next year.
06 December 2011
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Financial services
Leading fund managers, including L&G and Jupiter, have stepped up their attack against huge pay rises at the UK's biggest banks.
06 December 2011
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UK
The FSA has fined HSBC £10.5m for inappropriate investment advice provided by one of its subsidiaries, NHFA Limited (NHFA), to elderly customers.
05 December 2011
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3 min read
Wealth managers
The Financial Services Authority's report into the collapse of Royal Bank of Scotland will not examine in any detail the role played by Sir Fred Goodwin and Sir Tom McKillop, its two most senior directors.
05 December 2011
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2 min read
Economics
The Bank of England has warned lenders it is considering changes to the way bonuses are measured to make it far harder for investment bankers to justify their multi-million pound awards.
05 December 2011
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1 min read
Financial services
The IMA is changing the name of its Managed sectors to fall into line with the Association of British Insurers (ABI) fund categories.
30 November 2011
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Financial services
The Financial Services Authority (FSA) said it estimates half of all funds held in the UK traded life settlement policy market are in investments which are in "difficulty".
28 November 2011
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2 min read
Financial services
The Financial Services Authority (FSA) has said it plans to ban the sale and promotion of 'toxic' traded life settlement policies because they are high risk and generally unsuitable for the majority of UK retail investors.
28 November 2011
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4 min read
