News
FSCS opens door to Beaufort compensation
Clients of the failed discretionary fund management firm Beaufort Securities and its clearing arm, Beaufort Asset Clearing Services, may be now eligible to claim compensation, after the Financial Services Compensation Scheme (FSCS) declared the two firms in default.
Investment | news 26 Mar 18
Heartwood adds lower-risk options to sustainable range
Heartwood Investment Management has added two lower-risk strategies to its sustainable multi-asset range.
Aberdeen Standard Investments sues Provident Financial
Provident Financial is embroiled in a legal battle with Aberdeen Standard Investments, one of its largest investors, over an FCA probe into its troubled credit card unit Vanquis Bank.
Middle East | news 26 Mar 18
Dubai adviser facing court date
Dubai adviser Neil Grant, who was convicted of operating without a licence, is to be pursued in the UAE’s civil courts.
FCA keeps ‘unsuitable’ DB transfer assumption
The Financial Conduct Authority (FCA) has backtracked on a proposal to change its position that an adviser should assume that a Defined Benefit (DB) pension transfer is “unsuitable” for a client.