11 August 2011
Paul Farrow says the major absolute return funds have proven their worth to investors in difficult markets.
Rob Reid hits back at Nic Cicutti and says that selling is not a bad thing.
Lee Robertson expresses disappointment over the regulator’s platform policy statement.
Mark Polson says the FSA has flexed its muscles and reminded the industry who is in charge.
Rather than delaying RDR, FSA should make IFAs obtain level 6 qualifications by 2018, says Sheriar Bradbury.
With the continuing lack of clarity over major issues the arguments for the FSA to act are becoming more compelling.
Government must guarantee people will not pay a higher rate of tax on pension income than they received as tax relief.
Nic Cicutti says Alan Lakey’s desire to judicially review the RDR is doomed to failure.
Chris Gilchrist says we need a simpler tax system and a simpler financial system.
Paul Thomas reports on how innovation in the mortgage market is coming from an unlikely source.
Full details of long saga involving FSA, FOS and FSCS ahead of court case in September.
Bankhall members advised to avoid synthetic ETFs and to stick to Sesame’s approved panel.
BlackRock head of UK retail sales Mark Elliott says the IMA should look to introduce volatility bands for the absolute return sector to improve transparency.
Industry calls on FSA to provide clarity on the treatment of legacy business after the RDR.
Stuart Glendinning and Louise Cuming set up online protection advice company with a three provider panel.
Protection advisers are concerned that Friends Life’s back book could be sold to a provider with poor levels of service.
HMRC figures reveal that 18,000 people risk losing enhanced protection on their pension benefits when automatic enrolment comes into force.
Advisers in areas affected by this week’s social unrest were forced to close their offices to keep staff safe.
Advisers have urged caution to investors who may view the market turmoil as a buying opportunity.
Jersey Financial Services Commission consulting on increased qualifications and a ban on commission.
Liontrust chief executive John Ions says the firm’s targets is a multi-manager offering following latest acquisition.
“Given where I was, it was extremely difficult for me to become any more important, but somehow I have managed it.”
Prudential is developing a with-profits product which will give investors access to five different risk-rated investment categories.
Provider joins Zurich in warning the current RDR deadlines should be delayed due to the continued lack of clarity.
Move follows a 10-year battle which has seen FSCS reprimanded for bullying and the FOS reproached for soliciting complaints.