1 July 2010
Firm does not rule out further acquisitions following its purchase of N4 Solutions last month.
Advisers have joined calls from consumer group Which? for the FSA to name and shame the two with-profits funds it has referred to enforcement
“Many mortgage applicants under 50 as well as some already over this age are likely to stay in employment to at least 70 so it is not acceptable for the FSA or lenders to assume borrowers will retire at 65.”
FOS tells Barclays to pay out to a cautious client it placed in a high-risk fund and the bank has apologised for its handling of the complaint.
FSA concedes that new rules give incentive to advisers to leave existing arrangements in place.
Groups working together to offer people better value on transferring their pension pot into an income stream.
Paul Farrow says the case for green pension investment is falling on deaf ears.
The FSA has signalled it will take a hard line on corporate advisers who have been splitting commission on group pensions with the sponsoring employer.
Ian Thomas says the FSA guidelines risk turning IFAs off social web tools
America’s economic recovery is showing signs of resilience, James Smith looks at some of the funds topping the sector.
The ifs School of Finance posted a deficit of £1.6m in the seven months to July 31, 2009.
Royal London critisises Scottish Widows and Aviva leaflets to advisers advertising that they will keep paying commission on existing GPP business post-RDR.
SimplyBiz’s joint managing director is confident that the support services model will prove successful in providing independent advisers with the non-partisan guidance they need.
SimplyBiz’s New Model Business Academy hires record-breaking memory specialist David Thomas to help advisers study for the RDR.
Networks are considering using a non-authorised set-up to apply for FSA accreditation to award statements of professional standing to advisers.
Law firm warns new financial regulators will be tougher to prove their worth ahead of the next election.
Product expert warns implementation of RDR could restrict choice.
Chris Gilchrist says the Arch Cru debacle shows that investment trusts are the only trustworthy route for investing in illiquid assets.
“What was your enquiry? Oh, that’s pretty technical. I’ll look around for someone who mightknow but I’m in the pub so I might struggle.”
The Government has left all options on pension reform open as it launches a three-month review of auto-enrolment and Nest
Nic Cicutti says many taxpayers of a certain age feel betrayed over the proposed increase in state pension age.
People over 75 in Asps will miss out on the Budget interim change to push compulsory annuitisation back to 77.
Personal Touch Financial Services is in discussions with two networks over potential acquisitions, Money Marketing understands.
Positive Solutions’ advisers have attacked the firm’s review of past business, claiming it is “pulling the company to pieces”.
Premier’s Simon Evan-Wood says fund managers need a bigger vocabulary to explain risk.
Leading fund managers give their views on American prospects.
Going, going… but not yet gone. I was deeply honoured by the kind words sent to me when it was announced I was leaving Aifa.
Peter Hamilton says the creation of the new body gives regulators a fresh opportunity to look again at the rule of law.