18 March 2010
Adviser anger after Acuity Capital promises to rebate charges to clients who subscribe directly for a VCT “top-up”.
Global retail banking chief executive Antony Jenkins accused of “living in a parallel universe”.
Aifa warns Financial Services Bill could prompt US-style class actions against advisers, opening the floodgates to unmerited claims from consumers and claim-chasers.
Transfers increased by 70 per cent to 12,000 last year although the average time taken remained 11 days for the fourth quarter.
Former British Insurance MD says some unemployment protection providers are refusing to cover Government workers and employees from quangos such as the FSA.
Andrew Montlake says mortgage brokers provide a much needed service and should be proud of their role.
Chris Cummings warns rushing through the bill before the general election could cause huge future problems for advisers.
Advisers give a mixed response to FSA product regulation plans.
Pada chief Tim Jones says the Nest admin contract offers value and flexibility.
Alan Lakey asks if the gaps in FSA thinking can really be filled by bancassurance.
Providers launch a fresh attack on FSA’s Money Made Clear annuity tables now more have moved to post-code annuities.
UK smaller companies fund manager David Clark goes against the grain to suggest small caps will outperform.
Eight per cent of Britons go to an IFA for retirement planning while 32 per cent turn to the internet for guidance, according to Ship.
Hannah Stodell examines what the future holds for Keydata Lifemark investors.
Earlier intervention in product design could well be a wise move as long as these extra regulations deliver.
“The bottom line is that we are dealing with a regulator with a new and even tougher agenda.”
Nic Cicutti says last week’s speech by Hector Sants shows just how much the FSA has failed in its attempts to regulate the industry in the past 11 years.
“Last year offered an unsustainably good environment for corporate profits and returns on risky assets. We believe 2010 is very different”.
Threesixty insists it will remain unbiased after Standard Life deal, saying it will be “business as usual” for advisers and clients.
Shadow leader of the House of Commons Sir George Young writes to Jack Straw following Money Marketing story.
Peter Le Beau suggests it could be time to revive some past products.