Clive Adamson, Director of Supervision, FCA, has given a speech at the Insurance Institute of London entitled “Trust and confidence – ensuring firms’ ethics are built around their customers”. In his speech Mr Adamson outlined the need for the FCA to work with the insurance industry to enhance public trust in the sector and the […]

A group of the UK’s biggest fund managers has been told to stop benefiting from a regulatory loophole that enables them to pocket investors’ capital, as the focus on fees hots up. BlackRock, Legal & General Investment Management and Jupiter Asset Management have all told Investment Adviser that they take the capital from some of […]

Banks behave badly redux: Is it killing confidence? It wasn’t supposed to be like this. After the worst financial crisis since the Great Depression almost took the global economy over a cliff, tough new regulations and stronger internal controls at the world’s major banks were meant to help restore confidence in the financial system. But […]