FCA questions banks over Whatsapp use October 10, 2022 The UK’s financial watchdog is quizzing top banks on the use of Whatsapp by staff as it looks to follow US regulators in a clampdown on the use of personal devices.
Global ESG funds set to hit $34tn by 2026, says PwC October 10, 2022 The global value of environmental, social and governance funds will surge to nearly $34tn by 2026 as investors look to profit from a transition to green energy, according to a new report.
Farmland investment vehicle shelves IPO plans October 10, 2022 An investment vehicle designed to pump cash into agricultural land has shelved plans for an initial public offering in London due to “high levels of market volatility and uncertainty”.
Quilter boss Feeney steps down after a decade October 10, 2022 Wealth management giant Quilter has revealed that chief Paul Feeney will step down as chief of the firm at the end of this month as its Affluent segment boss Steven Levin takes over the reins.
Pension crisis could scupper wave of infrastructure investment, analysts warn October 7, 2022 The crisis that rocked pension funds last week could force big investors to reconsider putting cash into illiquid assets like infrastructure projects and growth technology firms, experts have warned.
MPs set to scrutinise ESG industry amid greenwashing concerns October 6, 2022 MPs are set to scrutinise the environmental, social and governance (ESG) investing industry next week amid growing concerns of 'greenwashing'.
Pension cash could flow into start-ups under new fee cap changes October 6, 2022 Pension cash could be freed up to fuel the growth of UK start-ups under new plans published today to loosen a cap on pension money management fees.
Woodford fund manager set to return £20m to burnt investors October 6, 2022 The manager of Neil Woodford’s collapsed investment fund said today it plans to give £20m back to investors after it was warned by the financial watchdog it would be hit with a hefty bill over its role in the scandal last month.
CMC profits to hit £150m as retail traders look to capitalise on volatility October 6, 2022 Trading platform CMC Markets said it was expecting a jump in profits in the first half of the year after online traders poured onto its platform to try and profit from volatility that has rocked markets.
Scammers circle as Brits pull emergency cash from pension pots October 6, 2022 Cash-strapped Brits looking to draw on their pension pot to cope with the rising cost of living are at risk of predatory scam tactics, the UK’s financial watchdog has warned today.