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Sants: TCF has failed to deliver 'on-the-ground' benefits to consumers

17:47 | 12 Mar 2010 | By Michelle McGagh

Hector Sants said the regulator's treating customers fairly initiative relied on an 'old-style supervisory approach' as he outlined the regaulator's new 'proactive' approach to regulation.

Simon Clamp of Friends Provident dies

15:12 | 12 Mar 2010 | By Michelle McGagh

Simon Clamp, Friends Provident UK managing director, has died following a short illness.

Broker Roundup: Goldman Sachs has a Conviction Buy for Aveva

14:11 | 12 Mar 2010 | By Phil Cozens

Nomura ups target for Old Mutual and RBS upgrades Lancashire Holdings.

We messed up on mis-selling but we're clamping down now, says regulator

14:04 | 12 Mar 2010 | By Victoria Bischoff

The Financial Services Authority vows to be more proactive, do more to protect the consumer and toughen up on the mis-selling of financial products.

Withers: 50% tax likely to remain for most of next parliament

13:47 | 12 Mar 2010 | By Dylan Lobo

The law firm believes the party that wins this year's election will be forced to keep the 50% tax on income in place for longer than anticipated.

Pension funds to back UK infratructure through state bank

12:09 | 12 Mar 2010 | By James Phillipps

The Government is plannig to cash in on pension funds craving for long-term assets and let them fund major infrastrucure projects

Merrill Lynch Wealth Management makes key discretionary hire

11:18 | 12 Mar 2010 | By James Phillipps

The group has poached Raymond from rivals HSBC Global Asset Management

RSM Tenon’s top six Budget predictions

11:17 | 12 Mar 2010 | By James Phillipps

The accountant warns that HMRC is set to turn the screw on tax avoidance and will clamp down on schemes that turn income into capital ahead of the 50% tax rate in April

Architas launches two capital protection multi-manager funds

11:16 | 12 Mar 2010 | By Nicholas Paler

Diversified Protector multi-asset portfolios will seek to shield majority of investors' capital from losses.

Market Update: Firm Wall Street and an online poll putting the Tories well ahead lift sentiment

10:06 | 12 Mar 2010 | By Phil Cozens

Privatisation hopes excite BSkyB and banks hold firm; oils and miners easier for choice and defensives lack support.

Brown Shipley teams up with lawyers for divorce service

09:49 | 12 Mar 2010 | By Drazen Jorgic

With clients from its partnering lawyer firms in mind, private bank Brown Shipley has created created a new service targetting wealthy individuals involved in a divorce.

Jonathanfry to launch discretionary service

09:42 | 12 Mar 2010 | By Danielle Levy

Jonathanfry's bid to build a multi-family office proposition is gathering speed as the firm moves to launch a discretionary service.

Ashcourt Rowan Edinburgh head exits after just five months

09:39 | 12 Mar 2010 | By Danielle Levy

Simon Murphy has left Ashcourt Rowan Asset Management’s Edinburgh operation only a few months into his new role.

Broker Roundup Update: Citigroup has a buy for Smith & Nephew

09:39 | 12 Mar 2010 | By Phil Cozens

Cheuvreux upgrades Areva and UBS has a buy for Unite.

S&P warns on US AAA rating and dollar strength as reserve currency

09:33 | 12 Mar 2010 | By Nicholas Paler

Ratings agency says dollar faces fallout from weak US economy but no other currency ready to take its place.

Spring has sprung for John Lewis sales

09:15 | 12 Mar 2010 | By Victoria Bischoff

Sales in John Lewis department stores increased again last week, as shoppers respond to the first signs of spring.

Investment Line: Five key currency trades in a volatile market

09:15 | 12 Mar 2010 | By James Phillipps

The MalLeading fund managers reveal their favourite currency plays in fluctuating currency markets.

How to position for inflation or deflation

09:12 | 12 Mar 2010 | By Deborah Hyde

With the world still split over whether inflation or deflation poses the greates threat to investors, Merrill Lynch tells you where to put your money.

Morning Market: Late Wall Street rally lends early support

08:39 | 12 Mar 2010 | By Phil Cozens

Banks firm in spite of explosive report on Lehman's collapse and retailers attract fresh support as Liberty confirms takeover approaches.

L&G predicts Solvency II will make drawdown more attractive than annuities

08:34 | 12 Mar 2010 | By Gill Wadsworth

Savers are preparing to abandon annuities in favour of income withdrawal and other drawdown products as new European legislation forces up the cost of conventional retirement products.

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