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Latest News - Jun Merrett

FCA to investigate HSBC over ‘improper practices’ claims

The FCA is set to launch an investigation into whether hundreds of thousands of HSBC customers lost out financially because of ‘improper practices’.

Tyrie calls for simplification of IHT 'complex mess'

Andrew Tyrie, chair of the Treasury Select Committee has urged chancellor George Osborne to simplify his inheritance tax (IHT) changes after calling them a ‘mess of complexity’.

Ex-Standard Life boss joins LSE board

Former Standard Life chief executive David Nish has joined the London Stock Exchange (LSE) as an independent non-executive director.

Mattioli Woods eyes Sipp book buys as assets jump to £6.5bn

AIM-listed advice firm Mattioli Woods has increased its client assets by 20% to £6.5 billion as it eyes further Sipp acquisitions.

Ex-Charlton defender disqualified over £16m investment scheme

Ex-Charlton Athletic defender Richard Rufus has been handed a 15 year bankruptcy order over his role in an alleged £16 million Ponzi scheme.

Director banned for 11 years over wine investment scheme

Champagne fraudster made £7m from investment schemes

A jailed unauthorized forex trader who hit the headlines after spending £200,000 on a round of drinks made almost £7 million from duping investors to put money in a series of investments.

Santander sets aside £43m for investment advice claims

Santander has set aside £43 million to cover redress for investment advice claims following its fine by the Financial Conduct Authority (FCA).

Architas powers 87% surge in AXA Wealth sales

AXA Wealth has boosted its sales by 87% to £5 billion thanks to strong performance across Architas, pensions and platforms.

Police seize £2.4m from fraudsters behind investment scam

The City of London Police has cracked down on six individuals who took £11 million from two investment schemes which sold elderly investors ‘worthless’ plots of land and ‘valueless’ carbon credits by confiscating £2.4 million.