LONDON, June 28 Reuters The Financial Conduct Authority FCA has banned a pension adviser from holding senior management positions over his role in a highprofile misselling scandal that led to British Steel workers receiving poor financial advice around eight years ago. Around 8,000 members of the British Steel Pension Scheme BSPS transferred their guaranteed, defined […]

LONDON, June 28 Reuters Plans to ease Britain39;s company listings rules to attract more big ticket IPOs to London would roll back fundamental investor protections and weaken investors39; ability to challenge company boards, a group of pension schemes said on Wednesday. The Financial Conduct Authority suggested in a public consultation discussion paper in May that Britain39;s twintrack listings regime […]

Goods trade deficit decreases 6.1 to 91.1 billion in May Wholesale inventories dip 0.1; retail stocks rise 0.8 WASHINGTON, June 28 Reuters The U.S. trade deficit in goods narrowed in May as imports fell, but the improvement was probably insufficient to prevent trade from being a drag on economic growth in the second quarter. The […]