News
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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Pensions
The Treasury will launch a consultation tomorrow on the limits imposed on the amount of annual income drawdown investors can take, an expert claims.
15 November 2012
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Equities
Standard Life's Global Absolute Return Strategies fund has dropped out of the top ten highest inflows on Fidelity FundsNetwork, according to data from the platform.
15 November 2012
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Industry
Veritas is to divide its asset management and private client businesses into two separate groups, in an overhaul of the company's structure.
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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Europe
The eurozone has officially entered recession, the latest GDP data shows, as growth in core economies was offset by a surprisingly weak figure from the Netherlands.
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
