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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

Citywire Investment News

• FSA: four risks for advisers in run-up to RDR
  Wed, 10 Mar 2010 15:40:44 GMT
  The Financial Services Authority has highlighted four areas, including quality of advice and governance, it says advisers should focus on during the upheaval of the next two years.
  

• High Court orders wind-up of Cru Investment Management
  Wed, 10 Mar 2010 15:38:50 GMT
  The High Court has ordered the winding-up of Cru Investment Management, which marketed the six Arch Cru funds.
  

• Bramdean Alternatives proposes pure private equity remit
  Wed, 10 Mar 2010 14:42:29 GMT
  The board of Bramdean Alternatives is proposing to change the trust's name to Aberdeen Private Equity and to give it a pure private equity fund investment remit
  

• Five reasons why insurers are better investments than banks
  Wed, 10 Mar 2010 14:38:05 GMT
  Stronger than hoped for results from Standard Life have shown again why insurers are better investments than banks.
  

BBC Business News

• Warning on packaged bank accounts
  Wed, 10 Mar 2010 16:52:55 GMT
  Bank accounts which charge fees for extra benefits may be being mis-sold, the Financial Services Authority has warned.
  

• Banks face harsher stress tests
  Wed, 10 Mar 2010 16:47:20 GMT
  Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, regulators say.
  

• BA strike action talks continuing
  Wed, 10 Mar 2010 16:35:36 GMT
  Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.
  

• EU rule change 'may cut red tape'
  Wed, 10 Mar 2010 15:37:20 GMT
  Small firms may be exempted from having to draw up and lodge annual accounts, after MEPs approve changes to European Union rules.
  

Citywire Money, Tax and Property

• Online banking fraud up by 14% amid wave of 'phishing' attacks
  Wed, 10 Mar 2010 14:01:33 GMT
  Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
  

• The economy is not yet out of danger, Gordon Brown warns
  Wed, 10 Mar 2010 11:49:21 GMT
  You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.
  

• Consumer groups attack delay to reform of PPI market
  Wed, 10 Mar 2010 10:36:31 GMT
  Consumer bodies urge Financial Services Authority to push ahead with reform of PPI after it announces a further six week consultation period.
  

• Euro equities face long debt struggle in wake of Greek crisis
  Wed, 10 Mar 2010 10:01:00 GMT
  Economists warn that austerity measures in the PIIGS will result in a protracted period of low growth.
  

Citywire News

• Five reasons why insurers are better investments than banks
  Wed, 10 Mar 2010 14:38:05 GMT
  Stronger than hoped for results from Standard Life have shown again why insurers are better investments than banks.
  

• Online banking fraud up by 14% amid wave of 'phishing' attacks
  Wed, 10 Mar 2010 14:01:33 GMT
  Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
  

• Ten years after the tech bubble burst, the sector now looks cheap
  Wed, 10 Mar 2010 12:07:57 GMT
  Tech is still only trading on a multiple of 1.1x the market - despite an anticipated MA boom as the new cycle of technology kicks in.
  

• The economy is not yet out of danger, Gordon Brown warns
  Wed, 10 Mar 2010 11:49:21 GMT
  You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.