News
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Not all funeral plans are created equal
A funeral plan is a promise to deliver a funeral in the future. However, not all funeral plan providers, or funeral plans,…
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FCA orders Avacade and Alexandra Associates to pay more than £10m in restitution
@peter_IFAMAG reads Twitter so you don’t have to. Avacade and Alexandra Associates ordered to pay more than £10m in restitution, and the…
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Sunday’s Money pages
The Sunday Times tells that plans to oust Neil Woodford and dissolve his fund may have been considered only a month after…
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Legal & General half year results
Nigel Wilson, Group Chief Executive, reports: “In H1, Legal & General delivered resilient operating profits, a robust balance sheet and highly relevant…
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‘German Dixons’ lays off 3,500 staff
@peter_IFAMAG reads Twitter so you don’t have to. WH Smith announces shop closures, along with Pizza Express. However, it is not just…
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HMRC sues General Electric $1bn – ‘Awkward questions for PwC’
@peter_IFAMAG reads Twitter so you don’t have to. HMRC sues General electric for over $1bn over alleged fraud, after giving the company…
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FCA consults on open-ended property fund structures
The FCA is consulting on proposals to reduce the potential for harm to investors from the liquidity mismatch in open-ended property funds.…
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Investec unveils 100th launch
Investec has launched the UK’s first retail ESG-linked Deposit Plan. The product is part of Investec’s 100th launch, marking 12 years in…
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HSBC profits plummet 97%
@peter_IFAMAG reads Twitter so you don’t have to. HSBC profits plummet 97%, new data reveals. Metro Bank agrees to buy peer-to-peer lender…
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Sunday’s Money pages – more Woodford scandal
The Sunday Times reveals that directors of the company responsible for the failed Woodford Equity Income fund pocketed about £2.7 million in…

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