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News by: Alex Steger

US firm faces £59m lawsuit over Keydata

by Alex Steger on Jul 30, 2014 at 07:57

A US-based brokerage and two of its executives are facing a $100 million (£59 million) lawsuit over allegations that they played a ‘pivotal role in a major international fraud’.

Claims firms in decline as regulation bites

by Alex Steger on Jul 28, 2014 at 08:00

The number of claims management firms has fallen following tighter regulation by the Ministry of Justice.

Consolidator snaps up Scottish IFA boosting assets to £820m

by Alex Steger on Jul 28, 2014 at 07:51

AIM-listed IFA consolidator AFH Financial has acquired Edinburgh-based Finlay Gow & Company.

FCA review uncovers price comparison website failings

by Alex Steger on Jul 16, 2014 at 08:23

The Financial Conduct Authority has criticised price comparison websites after a thematic review found some sites were failing to meet regulatory standards.

Chase de Vere wins deal to advise new building society clients

by Alex Steger on Jul 14, 2014 at 09:32

National advice group Chase de Vere is to give financial advice to customers of newly-launched mutual the Family Building Society.

NS&I to refuse Scottish savers in the event of independence

by Alex Steger on Jul 14, 2014 at 08:02

NS&I has said Scottish savers will not be able to invest in premium bonds or other products, in the event of independence.

MPs hit out at HMRC plans to raid bank accounts

by Alex Steger on Jul 09, 2014 at 08:16

MPs have attacked plans for HM Revenue & Customs to raid individuals’ bank accounts to recover unpaid taxes.

Celebrity investors named in £1.2bn tax avoidance scheme

by Alex Steger on Jul 09, 2014 at 08:16

Celebrity investors including the singer George Michael, TV presenter Anne Robinson and actor Michael Caine are among more than 1,600 people who attempted to shelter £1.2 billion through a tax avoidance scheme, according to reports.

FTSE 100 chiefs' pay falls for second year

by Alex Steger on Jul 07, 2014 at 09:49

The average pay for FTSE 100 chief executives has fallen for the second year running due to shareholder pressure and regulatory changes.

Chase de Vere sets aside £4m over legacy Ucis advice

by Alex Steger on Jul 07, 2014 at 09:45

Chase de Vere has set aside £4 million to cover complaints and redress costs related to legacy advice on unregulated investments.

Former gov't pensions expert attacks Budget annuity plans

by Alex Steger on Jul 07, 2014 at 08:24

A former government pensions adviser has attacked the chancellor George Osborne’s plans for increased pension flexibility.

Woodford unveils top 10 holdings

by Alex Steger on Jul 07, 2014 at 08:12

Renowned fund manager Neil Woodford has unveiled the top 10 holdings in his new fund that he believes are built to last.

SFO investigates Stirling Mortimer fraud allegation

by Alex Steger on Jul 04, 2014 at 14:46

The Serious Fraud Office is investigating an allegation of fraud against a number Stirling Mortimer Global Property funds.

European Wealth assets up 24% to £820m

by Alex Steger on Jul 04, 2014 at 08:35

Listed advice firm European Wealth has grown assets by 24% to £820 million over the last 12 months.

Standard and SJP make the grade as Fidelity kicks off pay war

by Alex Steger on Jul 04, 2014 at 08:33

Fund manager Fidelity has thrown down the gauntlet to rival investment firms as it seeks to reform executive pay.

Mattioli Woods assets increase 27% to hit £4.6bn

by Alex Steger on Jul 02, 2014 at 08:29

National advice firm Mattioli Woods has seen assets under advice increase by 27% over the last year to hit £4.6 billion.

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