News
Sipp provider hits out at £8m green oil Ucis closure
Sipp provider Stadia Trustees has hit out at a High Court decision to close a green oil investment because it should have been called a collective and allegedly promised unrealistic returns.
BoE: QE has not harmed pensions
Quantitative easing has not cut the value of most pension funds as much as first claimed, according to the Bank of England's deputy governor Charlie Bean.
JP Morgan Chase under fire over planned copper ETF
JP Morgan Chase’s plan to launch an exchange-traded fund backed by physical copper have come under fire from US manufacturers who argued the product would ‘grossly and artificially inflate prices’ and ‘wreak havoc on the US and global economy’.
Thursday Papers: Euro drops sharply as fears take toll
And furious investors sue Facebook and its banks over botched IPO.
Overnight Markets: Wall Street erases loss amid European optimism
Materials shares boosted the S&P 500, while gains in Apple Inc helped lift the Nasdaq.
Citywire Top Stocks Daily News Digest
All the news from across the web about the companies featured in Citywire's Top Stocks.
Ofqual criticises CII level four diploma over gaps and easy questions
Exam regulator Ofqual has criticised the Chartered Insurance Institute for failings in its retail distribution review level four qualification.
Concept hopes to fill client knowledge gap with ISA handbook
Reigate-based Concept Financial Planning has published a guide to ISAs for 2012/2013 as part of a programme to educate clients.
FSA: Platforms can't reward IFAs for assets after RDR
The Financial Services Authority has warned that platform providers which currently reward advisers or networks for high business volumes will have to stop the practice after the retail distribution review.
FSA warns over advisers failing to consider cost of fund switches
The Financial Services Authority is to clamp down on advisers who fail to compare costs when transferring client assets.
Paradigm Norton's Horner talks planning in Dubai
Barry Horner, chief executive of Bristol-based Paradigm Norton Financial Planning, has taken time out from the day-to-day running of the firm to represent the UK at the Financial Planning Standards Board conference in Dubai.
KMD's Deamer steels himself for Ironman triathlon
Kevin Deamer, chartered financial planner at Essex-based KMD Private Wealth, is set to attempt a double Ironman triathlon to raise money for the Meningitis Research Foundation and Help for Heroes.
SimplyBiz's Ken Davy to launch restricted national
SimplyBiz founder Ken Davy is to launch a restricted national. Steve Braidford, SimplyBiz group sales director, will head up the new arm, which is also being backed by SimplyBiz directors.
Aegon to delist from London Stock Exchange
Insurer Aegon is to delist from the London Stock Exchange, arguing the negligible volume of trading on its shares does not justify the cost.
AXA calls for consultation on Sipp and GPP charges
AXA Wealth has called for a consultation on clarifying defined contribution pension charges to be extended to group personal pensions and Sipps.
Nationals and networks warned over ‘disguised commission’
IFA nationals and networks face scrutiny from the Financial Services Authority as it begins to look into ‘disguised commission’ payments between providers and advisers, according to solicitors Eversheds.
Citywire Top Stocks Daily News Digest
All the news from across the web about the companies featured in Citywire's Top Stocks.
Wednesday Papers: Morgan Stanley subpoenaed over Facebook IPO
And ‘massive’ infrastructure plans signal British coalition’s shift to growth.
Overnight Markets: US stocks erase gains on Greek concerns
Fears that Greece would exit the euro and a slump in Facebook shares overshadowed economic optimism.