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FCA fines former Keydata head a record £75m for misleading 'death bond' investors

The former chief executive of Keydata, the failed investment firm, has been fined a record £75 million over "unclear, incorrect and misleading" sales of so-called 'death bonds' to retail investors. 28 May 2015

Investors target high contractual payments to departing executives, but a tougher approach to severance pay may be better than shorter notice

FOCUS: Shareholders remain keen to avoid 'rewards for failure' for senior executives, as illustrated by Old Mutual's statement in February that notice periods should be less than 12 months. However, merely reducing notice periods below the current standard... 19 May 2015

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Financial compensation scheme announces £100m fee increase for UK life and pension advisers

The UK's Financial Services Compensation Scheme (FSCS) is anticipating a further increase in claims related to self-invested personal pensions (SIPPs) this year, and has increased the levy it will charge authorised firms by £32 million to cover some of those... 06 May 2015

European Council and Parliament approve new long-term investment funds

A new type of European investment fund is expected to help tackle barriers to investment in infrastructure and other projects requiring long term, stable funding following approval by the European Council. 21 Apr 2015

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