The Financial Services Compensation Scheme (FSCS) may avoid picking up the whole bill for the suspended ARM Asset Backed Securities investment as the fund's board has found a buyer for the life-settlement policies in its portfolio.
At least 80 Keydata investors are concerned they will not have recourse to the courts if their claims at the Financial Ombudsman (FOS) fail to fully compensate them, because the service is taking so long.
IFA network PI Financial is in the spotlight again over the mis-selling of unregulated collective investment schemes (UCIS), two months after being hit with a £58,000 fine by the regulator for giving unsuitable UCIS advice.
Brett Williams, the former head of platform giants Skandia and Cofunds, has moved into the enterprise investment scheme (EIS) market with a series of launches through his new venture Old Burlington Investments (OBI).
Oil prices dropped yesterday as economic data from China and Europe renewed concerns about a slowdown in global demand.
The gold spot price rose to its highest level this year yesterday as global equity markets started the quarter with strong rises.
Exchange Traded Product flows reached their highest monthly level in almost four years in September as investors piled into passives.
Capital Platform has launched a proposition designed to make research, compliance and investment into alternative products as efficient as possible for intermediaries.