Latest News - Michelle Abrego
FCA sees 28% increase in suspicious transaction reports
The FCA has seen a 28% rise in 'suspicious transaction' reports.
Nutmeg doubles losses to £3.6m
Nutmeg has posted a pre-tax loss of £3.6 million for 2013.
Standard Life weighs plans to acquire advice firms
Standard Life is considering the acquisition of regional advice firms, New Model Adviser® understands.
Firms hit by £145m skilled person report costs
Firms paid a total of £145.7 million in skilled person reports to review past business in 2013/14.
Capita writes to Arch Cru clients over redress error
Capita has written to Arch Cru investors asking them to repay redress money they received from the firm in an effort to avoid them being hit by a tax charge.
Banks to re-open 2.5m PPI complaints amid FCA concerns
Firms that have mis-sold PPI will re-open 2.5 million initially rejected complaints.
FCA bans and fines advice boss £350k over Ucis sales
FCA has banned Craig Cameron of Burlington Associates.
Vanguard cuts fees by up to 50% on 25 funds
Vanguard Asset Management is has cut its charges on funds, including its ETFs and LifeStrategy funds.
FCA fines Deutsche Bank £4.7m
The FCA has fined Deutsche Bank's London branch.
MAS weighs wider adviser directory
The MAS has confirmed its launch of an adviser directory.