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>> RETAIL Latest News

MAY 09, 2013 - New Statesman

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Morning Wrap: need to know business stories

Top stories from around the web.UK watchdog swoops on asset managers (FT) The UK’s new City regulator is swooping on the London offices of the world’s biggest banks and asset managers in a new probe aimed at a lucrative City business – helping pension funds make big changes to their investment portfolios. The site visits, people familiar with the situation said, are the most dramatic example yet of the Financial Conduct Authority’s focus on ensuring that wholesale markets participants protect the interests of end users, such as retail fund investors and pensioners, ... Read More

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