United Kingdom
United Kingdom | 17 Jun 14
Is active management now cheap enough to justify
New research by the Pensions Institute demonstrates that even star fund managers struggle to beat the benchmark, when costs and fund size is included.
United Kingdom | 16 Jun 14
Credit Suisse and Yorkshire Building Society fined
Credit Suisse International (CSI) and Yorkshire Building Society have been fined £3.8m by the Financial Conduct Authority for misleading investors on a widely sold structured product.
United Kingdom | 12 Jun 14
FCA says banks paid 11bn for swap miss selling
Banks nabbed selling miss-selling interest rate hedging products have forked out £1.1bn in compensation, the FCA said.
United Kingdom | 11 Jun 14
Boal Co named Zurichs trustee provider of choice
Boal & Co has become Zurich International Lifes new trustee provider of choice, meaning the Isle of Man-based Pension Trustee will become Zurich’s recommendation for customers looking to set up a corporate pension plan.
United Kingdom | 11 Jun 14
Baker Tilly faces investigation over auditing
The Financial Reporting Council (FRC) has launched an investigation into Baker Tilly over a lack of professional competence in its audit of electric vehicle manufacturer Tanfield Group.