18 November 2010
Paul Farrow says the exit of its star manager could break a once formidable brand
Lawyer Alan Hughes says IFAs must be prepared to challenge FSA decisions following recent Regulatory Decisions Committee rulings.
Chris Gilchrist says the rise of the semi-active investment revolution could weed out traders who try to make money by anticipating general opinion a few months early.
Steve Bee says pension upheaval is posing problems for medium-size firms.
Lender accused of biting the hand that feeds it by putting brokers on list of high risk jobs.
Employee benefits and finance departments suffer as cost-cutting drive continues
Aifa has called for a college of supervisors to oversee the new regulatory bodies that will take over from the FSA.
BlackRock is launching a stock lending programme that will see 37 of its retail funds lend out assets to generate performance-boosting fees.
Leading managers reassure investors that direct Irish exposure is minimal.
Former FOS adjudicator Jane Sanders is challenging the Isle of Man Depositor Compensation Scheme over its decision to exclude bondholders from compensation.
Hornbuckle Mitchell is lobbying pensions minister Steve Webb and climate change minister Gregory Barker for exemptions allowing pension providers to put wind turbines and solar panels into a Sipp.
An income verification scheme allowing lenders and HM Revenue & Customs to share data with each other will be up and running by the end of the year.
Insurers believe that the ABI’s’ new name and standard definitions for total permanent disability are too complicated for consumers to understand.
However, Shadow pensions minister Rachel Reeves suggests temporary shift could be palatable.
Peter Le Beau says the protection industry will face misselling claims over cases where critical-illness policies were sold instead of income protection.
MetLife has ruled out extending its protection proposition to add an IFA arm in the UK.
Which?’s move into mortgage advice sits very uncomfortably with the organisation’s role as an independent assessor of financial services products and services.
Royal Statistical Society also calls for review of “coverage and methodology” of indices.
MM interviews Nest chief investment officer Mark Fawcett about the initial strategy for the giant pension scheme.
Phoenix Life has agreed to pay nearly £3,000 to an IFA’s client after their complaint was highlighted by Money Marketing.
Achieving a workable minimum income requirement structure is one of the tougher nuts policymakers need to crack.
Positive Solutions chief executive Jim Reeve insists that none of its IFAs will be forced to leave the firm or the industry as a result of the RDR.
Swip warns that the FSA’s proposed changes to money market funds could cripple the £381bn industry.
Thames River has written to Voila Asset Marketing to demand it removes a reference to the firm on its website.
A third of SSASs face 40 per cent tax charge and deregistration if they fail to implement the rules by April 2011.
After renewed criticism of structured products recently in the pages of Money Marketing, the Structured Products Association sets out its case for why advisers should not ignore the sector.
Paul Thomas assesses a largely critical response from mortgage brokers to consumer champion Which?’s move to offer a free mortgage advice service