News

The Financial Conduct Authority (FCA) has found evidence of increasing professionalism in the financial advice sector, it said today, but one firm has been referred to enforcement for "insufficiently engaging" with RDR changes.

UK CPI inflation fell further than expected in November to its lowest level since 2002, according to the Office for National Statistics (ONS).

Russia has raised its interest rates to 17% to prevent further depreciation of the ruble, which has halved in value against the dollar this year.

Lloyds and Royal Bank of Scotland have fallen short in Bank of England tests to determine their resilience in the event of a new financial crisis, while the Co-operative Bank has been ordered to submit a new capital plan.

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

Dr Nicholas Motson (pictured), a lecturer in finance at the Cass Business School, has called for greater disclosure of fund holdings in order to allow researchers to calculate retail funds' "active share".

Neptune's CEO Robin Geffen is refraining from holding any UK equities within his global portfolios due to risks surrounding the upcoming general election.

Mark Connolly, formerly head of fixed income at Scottish Widows Investment Partnership (SWIP), has joined Aviva Investors as chief investment officer, fixed income.

The Financial Conduct Authority (FCA) has banned former BlackRock managing director Jonathan Burrows for dodging rail fares worth £43,000.

GLG's Japan CoreAlpha team discuss the implications and possible consequences of Japanese Prime Minister Shinzo Abe's landslide election win this weekend.