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21 Dec 2012
Restricting before the event (BTE) insurance cover for legal fees to a prescribed rate will not breach an insured party's right to choose its own lawyer, providing that the prescribed rate is reasonable, the Court of Appeal has said.
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17 Dec 2012
Banks will have to distribute separate annual statements to consumers that detail their eligibility for benefits associated with the bank accounts they have.
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06 Dec 2012
The Financial Services Authority (FSA) has raised concerns about the way that some platform and product providers plan to facilitate adviser charging in light of imminent reforms to the regulation of the retail investment market.
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05 Dec 2012
Financial advisers' choice of platforms will be influenced mainly by whether they provide advice on an independent or restricted basis following implementation of the Retail Distribution Review (RDR) rules, an expert has said.
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03 Dec 2012
Lawyers should disregard new rules set out by the Solicitors Regulation Authority (SRA) and only recommend that their clients use independent financial advisers (IFAs) to help select which financial products they should invest in, the Law Society has...
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03 Dec 2012
The Financial Services Authority (FSA) will not set out finalised rules that platform providers will have to adhere to under its Retail Distribution Review (RDR) reforms until HM Revenue & Customs (HMRC) has clarified rules on the "tax treatment"...
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23 Nov 2012
An agreement on the operation of US tax compliance rules in the UK will make it easier for UK-only organisations to comply but will cause compliance problems for firms with business based in other jurisdictions, an expert has warned.
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13 Nov 2012
The head of an influential business lobby group has called on the Government to "draw a line" under legal proceedings against banks, allowing them to use that money more "productively" by "lending to the economy".
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08 Nov 2012
Occupational pension providers could be asked to provide details of the typical annuity rates they will make available to different types of customer, under plans being put forward by one of the industry's professional bodies.
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02 Nov 2012
Independent financial advisers (IFAs) would be banned throughout the Europe Union from obtaining payment through commission for providing investment advice or discretionary portfolio management services if proposed new laws backed by the European Parliament...
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