A former BlueBay hedge fund manager has been fined £140,000 and banned by the FSA for misleading investors and the regulator.
The regulator said Simon Treacher - who was a senior fund manager for BlueBay Asset Management's Emerging Markets team - mis-marked broker quotes to fool investors into thinking his funds were more valuable...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.