21 July 2011
Fiona Sharp says the Money Advice Service should be the starting point for promoting the benefits of experienced IFAs.
Andrew Montlake says positive message that mortgages are available should be pushed harder.
Many advisers will have to move away from the sales culture now in order to be able to implement the key aspects of the RDR.
Following last week’s fireworks can the FSA and MPs come to a consunsual view on the RDR?
John Jory says regulators must focus on ensuring consumers understand what they are being charged.
Emma Prescott says the industry must make the access route to critical-illness cover more consumer friendly.
Advisers are confident that JOHCM fund managers will stay following its acquisition by BT Investment Management.
Trade body will be rebranded as part of a radical restructure.
Trade body says FSA’s independent appeals committee should be given the power to decide whether ongoing enforcement investigations should be publicised.
Treasury select committee MPs say FSA has treated them with “contempt” in swiftly dismissing its RDR findings.
Curtis Banks director Rupert Curtis ploughed £150,000 of his own pension into the firm to shore up its capital position last year as total losses reached £350,000.
The FSA has fined Willis Limited £6.895m for failings in its anti-bribery and corruption systems and controls.
TSC member says FSA’s flawed strategy and “farcical” evidence have done little to garner support for the RDR reforms.
The Government will launch a £10m automatic enrolment communications campaign featuring TV and radio ads in January 2012.
Economists predict growth figures of around 0.2 per cent for Q2 this year, following a 0.5 per cent increase in GDP in the first quarter.
Derek Bradley and Lee Robertson set out the arguments for and against a delay.
Mortgage advisers report the bank is favouring intermediaries again following an aggressive dual-pricing strategy.
The Treasury select committee has listened carefully to the valid concerns of many IFAs and their MPs over RDR.
A Conservative MP has attacked the FSA’s approval of CF Arch cru funds and labelled the investor compensation package as “wholly inadequate”.
MPs are calling on the Government to urgently set out plans for how it will foster diversity and promote mutuals within financial services.
“I go to the gym every week but when I picked it up I pulled a small muscle in my elbow.”
PI broker warns advisers to check that policies will cover claims up to the new £150,000 limit.
CWC Research believes the protection market is “gently dying” and has warned that distribution and processes need to change dramatically if the market is to improve after the RDR.
Rathbones will launch a fixed income product by the end of the year.
Joint Sipp offering targets investors with Sipp assets in excess of £200,000.
Equity-release trade body Safe Home Income Plans is calling on the Government to hand responsibility for equity release to the DWP.
Andrea Rozario has attacked the FSA’s “outdated” stance on equity-release products.
IMA accepts IFA Ian Lowes’ structured products vs tracker funds challenge.
Who can consumers turn to if MAS makes a mistake?
The Whitechurch Network is planning to launch a restricted advice proposition, saying the decision is “a no-brainer”.