Wednesday, 17 June 2015

Investment firm founder fined record £75m by FCA after Keydata collapse

Stewart Ford, who through Keydata created a £2.8bn financial empire selling ‘death bonds’, appealing against the fine by the City regulator

A financier has been hit with a record £75m fine after the collapse of his business left investors nursing losses of hundreds of millions of pounds.

The fine levied on Stewart Ford, founder of collapsed company Keydata, is nearly twenty times the previous highest fine against an individual, by the city regulator, the Financial Conduct Authority. The watchdog also fined the firm’s sales director £4m and the compliance officer a further £200,000 and banned the trio from working in financial services again.

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Autonet Insurance sponsor Kicks 5 A Side World Cup

Autonet Insurance is pleased to announce the sponsorship of 4 teams in the Kicks 5 A Side World Cup Tournament.

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Banks face bigger PPI mis-selling bill as regulator considers compensation rules

Financial Conduct Authority statement means more customers could be eligible for payout because of supreme court ruling on commissions

Banks could face a bigger bill for mis-selling payment protection insurance after the City regulator said it was considering new rules on how customers should be compensated.

The Financial Conduct Authority statement means more customers could be eligible for compensation because of a supreme court decision. The court ruled in November that if a PPI seller failed to disclose to a customer that it had received a large commission from the product provider, the sale was unfair under the 1974 Consumer Credit Act.

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Tuesday, 16 June 2015

Retirement planning in Rochester, Minnesota

On the lookout for tips on retirement planning in Rochester, MN? Raise your strategy and let our site do the work for you. Use our tools, calculators and guidelines to satisfy all your retirement planning needs. Consider investing in a money market account as a safe and secure vehicle for retirement planning in Rochester, MN.
Check out our money market account comparison tools

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Subaru helps boost Meals On Wheels

With the U.S. senior population growing dramatically, the non-profit Meals on Wheels program has found itself short of volunteer drivers to make their deliveries.

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Mobile app review: Ally Assist

This virtual assistant can help users pay bills, make transfers and identify spending patterns.

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Monday, 15 June 2015

Warning: Don’t fall for fake DVLA email

The DVLA has warned that there is a scam email in circulation and that anyone receiving an email which appears to be from the DVLA requesting personal information should ignore it.

With a link to a fake DVLA data input form, this email suggests that any driver failing to give this information will be required to re-take their driving test. The DVLA has spoken out in warning against this, reminding drivers that they would never request these details online- and that drivers who do input these details could become the victims of identity fraud.

 

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