09/05/2023
Addleshaw Goddard: Financial Services & Banking News
The assessments provided by banks and building societies will be analysed, with the FCA aiming to publish an update later in Autumn 2023.
Legal, Regulation & Compliance
09/05/2023
The twilight of the financial ecosystems
With the measure, Helvetia is reacting to the “challenging environment” for Moneypark's business, as the St. Gallen insurer said on Tuesday.
09/05/2023
Quilter Cheviot to red card weak investment company boards
The investment management arm of Quilter flexes its muscles and prepares to vote against investment trust boards after investigating their effectiveness.
09/04/2023
Two individuals face bans and £1.3m fine for pension transfer advice failings
Any findings in the decision notices are therefore provisional and reflect the FCA’s position.
09/04/2023
IBOSS cuts charges across 32 MPS portfolios
Negotiations with fund houses have resulted in reduced pricing
09/04/2023
UK’s Direct Line overcharges some existing customers, FCA says
The FCA says the rules ensure renewing home and motor insurance consumers are quoted prices no higher than a new customer through the same channel.
09/04/2023
What to expect from Humza Yousaf’s new programme for government
For his part, Yousaf has been steadfast in his commitment to the agreement, but this dynamic will not be far from his mind as he seeks to deliver his own agenda in government.
09/04/2023
State pension 'danger' alert as third of people at risk of delay in getting payment
Almost a third of adults are at risk of missing out on getting their state pension due to a simple mistake, new research suggests.
09/01/2023
Germany’s economic model is sputtering. So are its banks
Politicised governance and a diminished private sector undermine competitiveness
09/01/2023
Discontinuation of recognition as a minimum standard of the “Allocation Directives for the New Issues Market”
The SBA intends to continue this self-regulation as voluntary self-regulation in the future.
09/01/2023
Addleshaw Goddard: Financial Services & Banking News
The report highlights emerging issues in these markets, including concerns about market power of large and established firms, which can reduce competition.
09/01/2023
FCA analyses lenders’ fair value assessments
The plan aims to ensure that banks are communicating with customers much more effectively and offering them better savings rate deals.
09/01/2023
Diversity Project calls on FCA to set out clearer non-financial misconduct rules
Response to Sexism in the City inquiry
08/31/2023
Supporting consumers with pension transfers
Firms should create an environment where consumers feel they can disclose their needs and have structures in place to provide suitable support.
08/31/2023
Aegon UK joins list of signatories to UK Stewardship Code
The UK Stewardship Code is a set of voluntary principles that aim to improve the quality of stewardship practices by asset owners, managers and service providers.
08/30/2023
Phillip Schofield 'hires team of wealth management accountants to look after his finances' after admitting his TV career is over
After he admitted he lied to his long-term co-presenter Holly Willoughby, the broadcaster and his talent agency YMU he dramatically resigned from his This Morning role.
08/30/2023
Raiffeisen Bank Aval : In a joint special issue Raiffeisen Bank and Forbes Ukraine introduce the work and vision of the Ukrainian bank
The key topic is Ukraine's European integration.
08/30/2023
Standard Chartered drives inclusion with enhanced global parental leave benefits
Standardised minimum 20-week parental leave to be provided irrespective of gender, relationship status or how a child comes to permanently join an employee’s family
08/29/2023
Standard Chartered announces sale of its global aviation finance leasing business to AviLease
The Consideration is subject to adjustment with reference to the net asset value of the business at completion.
08/29/2023
Why a European Central Carbon Bank would help stabilise EU climate policy
The recently concluded 12-week public consultation on this matter emphasises the need for advanced climate neutrality strategies.