18 February 2010
Warning over huge burden placed on advisers in limited time frame.
IFA Andrew Barnes urges Govt and Opposition MPs to act on FSCS £70m levy
“Barclays’ research shows that the era of capital abundance is about to give way to capital scarcity.”
Evan Owen says it is time to realise that engagement with the regulator is better than confrontation.
“Timeo Danaos mutua publica ferentes - I fear the Greeks bearing sovereign debt.”
Nic Cicutti believes advisers are living in a dream land over their criticism of outgoing FSA chief executive Hector Sants.
“It is important to recognise, as the FSA has done in the past, that precise rules do have the disadvantage compared with principles.”
Richard Verdin calls for greater clarification of the FSA’s requirements for commission disclosure on protection sold alongside investment advice.
Tom Baigrie on Hector Sants’ tenure as chief executive at the FSA.
Ian McKenna says news that google is to enter the mortgage-sourcing market in the US should send a shiver down the spines of advisers and brokers.
Hundreds of advisers have already registered their interest in joining the Money Marketing Academy.
Law firm Regulatory Legal is garnering the support of IFAs to challenge the Financial Services Compensation Scheme’s £70m interim levy.
“Today’s investor is typically more realistic - but more cautious, too. Never has the desire to protect through diversification been so strong.”
A Lloyds TSB mortgage adviser has been jailed for six months for defrauding customers when she did not get expected bonuses.
PMS’ Martin Reynolds says the political parties need to offer more than short-term solutions.
And so IFAs are left to carry the can for the failings of structured product providers, stockbrokers and regulators.
Working party set up to lobby Government against its new pensions tax relief restrictions.
Alan Lakey ponders the Office of Fair Trading’s role in the RDR.
Further details emerge regarding the firm’s controversial outsourcing deal.
Imperious Capital’s Robert Bray says the Nucleus wrap allows his firm to rise above the Morlocks.
Investment trust experts believe investors may look to make quick profit from Anthony Bolton’s new China offering.
’Equity investors would just assume there would be policy stasis, infighting and indecision’