Investment broker Musst Holdings Ltd. said Thursday that an asset manager owed it unpaid finder's fees for $85 million in investments Musst had facilitated.
Investment broker Musst Holdings Ltd. said Thursday that an asset manager owed it unpaid finder's fees for $85 million in investments Musst had facilitated.
The government risks undermining the financial security of millions if it pushes ahead with rumored changes to pension tax relief in the budget, an insurance trade body warned Thursday.
The government said it will reassess its controversial decision not to pay compensation to millions of women over state pension shortfalls, after new evidence emerged before an upcoming legal battle with campaigners.
The Financial Conduct Authority on Thursday warned some providers of a type of financial bet called contracts for difference are failing to provide "fair value" for U.K. consumers.
More than half of the profit warnings issued between July and September by London-listed companies that have a defined benefit pension scheme cited policy change and geopolitical uncertainty as the cause, a professional services firm said Thursday.
The Financial Conduct Authority’s recent proposals to streamline the consumer duty regime represent a pragmatic response to industry concerns, with a move toward sector-specific supervision and potentially narrowing its scope for wholesale and cross-border business, say lawyers at Simmons & Simmons.
