risk

Today's most amusing press release in my in-box comes from a Chinese chef looking for funding for a chain of "luxury" restaurants in his home country.

The Financial Services Authority has published a paper explaining changes to its Arrow risk framework as part of its programme of making it easier to do business with.

One in four Britons say they have received poor financial advice and the source most quoted is IFAs.

Outsourcing of asset management functions is leading to increasing concerns over risk management, consultant PricewaterhouseCoopers says.

Merrill Lynch has tipped its hat at the concept of holistic financial planning by adopting a portfolio strategy for investors incorporating all of their assets.

Distribution Technology's newly launched risk profiling tool is intended to fill a gap spotted in the "mass market" as much as meet the needs of advisers with high net worth clients.

There is real, albeit currently low, risk of systemic meltdown which could spread across financial markets because of leveraged position, research into hedge funds by credit ratings agency Standard & Poors' suggests.

Consumers investing in hedge funds, precipice bonds or split-capital investment trusts could in the future be required to sign a stronger ‘caveat emptor' waiver, according to proposals set out by the Financial Services Authority.

Financial services companies have discovered the interpretation of Treating Customers Fairly requirements can differ from each department within one company even though the FSA requires firms to set out a management chain of responsibility.

Insurers are leveraging the fear of stalking, road rage, burglary and kidnap to attract high net worth customers, according to a survey published by consultant Datamonitor.