15 October 2009
John Lawson calls for carousel system for personal accounts.
“I worry we are increasingly scapegoating particular groups in society, in this case public sector workers.”
Leading funds double in size
Alan Lakey discusses the new IFA group he is forming to fight against misregulation.
IFAs can now view new and exisiting client information in one place.
“No doubt everybody stopped talking about asset allocation because it really did not matter too much where you were invested in 2008 - pretty much everything went south.”
Hargreaves Lansdown head of research agrees with defensive stance
Life offices form group to develop alternative to personal accounts.
Insurers to hold off increasing inflation-linked annuity income to recoup costs.
Regulator says firms must manage potential conflicts of interest and ensure all clients are treated fairly.
“HSBC should be applauded for its commitment to the mortgage market. But what about other lenders?”
Governor warns speculative activites will continue to lead to failures.
Potential news FSA rules may spell the end of the pure mortgage broker
Brokers warn tipped FSA move would not solve anything.
“It was George Osborne’s speech that was the pivotal moment of the week, not David Cameron’s.”
“Conservative plans to scrap the FSA must not lead to more red tape for IFAs.”
Peter Le Beau calls for an injection of passion and energy into the protection market.
The industry needs to hear more about what the Conservatives have planned.
Colin Jelly says the value of advice comes to the fore when surrendering all or part of a single-premium bond.
I have not lost my faith in the sector but am not sure it is going to bounce back very swiftly.
Osborne has begun to turnaround the City doubters.
Conservatives to review tariff income rules around savings to make means-testing fairer.