TITLE

Adviser calls for FSA ruling on Barclays

AUTHOR(S)
Blackmore, Nicole
PUB. DATE
May 2009
SOURCE
Money Marketing;5/28/2009, p64
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the compensation claim of the clients for Barclays PLC who have lost their money during the global balanced income fund in Aviva in Great Britain. The adviser has written to the Financial Services Authority (FSA) seeking them to review the issue. As stated, the suggestion of Barclay to transfer the savings into the fund has caused disrepute to the financial services industry.
ACCESSION #
41894838

 

Related Articles

  • Banks to pay redress for mis-sold interest rate swaps. Holt, Natalie // Fundweb;6/29/2012, p14 

    The article reports on an agreement made by Barclays PLC, HSBC Bank PLC, Lloyds Banking Group PLC and Royal Bank of Scotland to make settlement with the British Financial Services Authority (FSA) by paying redress to businesses that were mis-sold interest rate swaps. It states that the FSA found...

  • Pave costs mean £734k FSCS bill. Holt, Natalie // Money Marketing;4/4/2013, p48 

    The article reports that a total compensation payout has been triggered by a collapsed adviser firm sanctioned by the British Financial Services Authority (FSA) for "reckless" misselling of unregulated collective investment schemes.

  • Platforms regroup to oppose rebate ban.  // Marketing Week (Online Edition);4/14/2011, p7 

    The article presents information on a report which shows that a group of Great Britain-based platforms including Aviva PLC, Investment Funds Direct Ltd., and Axa SA, have reiterated their opposition to the Great Britain's Financial Services Authority (FSA) regarding a ban on cash rebates.

  • RETIREMENT: FSA's WP crackdown could hit smaller firms.  // Design Week (Online Edition);3/10/2011, p1034 

    The article presents information on the proposal of the Financial Services Authority (FSA) of Great Britain to control smaller firms in the country. It highlights that money is the only source of capital for mutual and points out that companies like Aviva PLC have shareholder funds that provide...

  • FSA attacks 'gaming culture'. Dale, Samuel // Money Marketing;7/19/2012, p2 

    The article reports on the claim of British Financial Services Authority (FSA) head of prudential business unit Andrew Bailey that Barclays bank has pushed the limits of the rules and has used a culture of gaming the FSA, stated before the Treasury select committee on July 16, 2012.

  • Barclays to axe non-advised loan sales. Thomas, Paul // Money Marketing;1/24/2013, p1 

    The article reports on the plan of Barclays to scrap all non-advised mortgage transactions despite the ruling of the British Financial Services Authority (FSA) to nullify the ban by Mortgage Market Review on execution-only sales.

  • £60m bill for Barclays misselling. Blackmore, Nicole // Money Marketing;1/20/2011, p1 

    The article reports on the 7.7 million pound fine imposed by the Financial Services Authority (FSA) on Barclays PLC over its misselling of the Aviva global balanced income fund and global cautious income fund in Great Britain.

  • 'Damning indictment' of Barclays. Kenchington, John // Money Marketing;1/20/2011, p2 

    The article presents perspectives from financial executives concerning Barclays PLC's 7.7 million pound Financial Services Authority (FSA) fine for misselling Aviva's global balanced income and global cautious income funds in Great Britain.

  • Banks get extension to deal with backlog. Salih, Chris // Money Marketing;6/16/2011, p10 

    The article reports on the decision of the Financial Services Authority (FSA) to give Barclays PLC, Royal Bank of Scotland (RBS) and Lloyds Banking Group a temporary extension to address the backlog of payment protection insurance (PPI) complaints in Great Britain.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics