FSA

Jupiter is preparing to add a cautious product to John Chatfeild-Roberts' £7bn Merlin range, Investment Week understands.

The FSA has sent letters to IFAs demanding information on their advice around, and dealings with, unregulated collective investment schemes (UCIS) for retail clients over the last four years.

The growth of DFM-style management is a triumph for the idea investment solutions should focus on client needs.

A top official at the Financial Services Authority (FSA) has warned Britain's four largest banks face more questions over their sale of interest rate hedges to small business customers.

The High Court has rejected a bid for a judicial review into the £54m redress scheme brokered by the Financial Services Authority (FSA) offered by Capita and other businesses to Arch cru investors.

Banks should use the row over the sail of complex financial instruments to small businesses to overhaul their customer relationships and link pay to customer service, according to Hector Sants.

The Financial Services Authority (FSA) has admitted it had concerns about the way in which the industry was being asked to fund the Money Advice Service (MAS), although is hand was forced by the Treasury.

Hector Sants has warned London's position as a global financial centre is under threat because the UK's financial sector is not rethinking its business models quickly enough to keep pace with political upheaval and regulatory change.

FUND SELECTION

The government has confirmed its plans to force banks to ring-fence their retail operations, as well as other measures recommended by the Independent Commission on Banking (ICB).