25 August 2011
Nigel Barlow says there is more risk to capped drawdown than many investors realise.
Regulator is right to raise concerns about current capital adequacy requirements and poor disclosure in some sections of the market.
Doing away with or weakening TCF means the RDR will lose one of its main supports, says Nic Cicutti.
Reid warns over upcoming legacy commission consultation.
More needs to be done to educate people on Nest options, says Mark Pearson.
Peter Hamilton says that Parliament must introduce a proper system to oversee the FCA.
Advisers praise Aifa policy director’s contribution to the IFA market.
Artemis Asset Management has appointed Rosanna Burcheri to co-manage the recently launched global select fund.
Axa Wealth says there is likely to be consolidations among back-office software providers over the next five years, leaving as few as three providers in the market.
The CML says it has no plans to revise its 2011 gross lending estimate of £140bn despite the current eurozone debt crisis.
HSBC global head of ETFs says a shift in the market towards low-cost, passive management is driving the phenomenal growth of exchange-traded funds and he believes the company can become a top 10 player in the European market by keeping its offering small and simple Interview by Gregor Watt
The FSA responds to the most commonly asked questions at its recent RDR roadshows.
Regulator will now only commit to publishing simplified advice guidance later this year.
Sesame has played down the suggestion that it is up for sale but says there would be no shortage of potential buyers.
CML and BSA warn a European Union proposal to record the details of all mortgages in national registers would be expensive and unnecessary.
European equity specialist boutique Argonaut may look to expand beyond European funds.
M&G bond fund manager Michael Riddell is preparing for the possibility of further quantitative easing in the US.
National IFA firm Premier Financial Protection has set up a corporate advice service to help firms prepare for auto-enrolment.
Income protection provider Unum is calling on insurers to simplify their customer product information after it emerged that the insurance sector is the worst at making product literature easy to understand.
Aegon’s Matt Rann reports that 7 per cent of all critical illness claims he sees are for skin cancer - and the figure is rising.
Multi-managers have been cutting their exposure following recent steep rises.
Adviser and provider trade bodies are working together to address the FSA’s concerns over legacy commission.
Firm offering a transfer toolkit to help advisers transfer legacy pension and investment assets into more suitable products.