27 January 2011
Mary Stewart says there are a number of points advisers must discuss with their clients ahead of the drawdown deadline in April.
Peter Chadborn asks people to consider the financial consequences of four scenarios to ensure they have the right insurance.
Chris Gilchrist says that the FSA’s solution for the short-comings in risk-profiling tools and their users have “scary implications for advisers and product providers”.
Nic Cicutti says the most striking and depressing part of the Barclays’ story is that a large bank was still using appalling sales tactics to peddle products.
Paul Farrow asks if the Barclays’ saga shows that the Treasury select committee RDR consultation is going after the wrong people.
Stuart Fowler says the strong financial incentives for manufacturers and advisers to use “low risk” products is something the FSA must look into.
Rachael Adams reports on a rift among the Conservatives over housing market policy
Ernst & Young research predicts it will not be financially viable for banks to offer advice to the mass market under the RDR.
Ageas Protect has launched a term and critical-illness product which offers the same level of cover available on the firm’s YourLife menu plan at a lower initial cost.
Artemis shareholders contacted by a number of people claiming to be brokers.
AWD Chase de Vere has agreed to pay full compensation to a Sipp client that it advised to invest £200,000 in Lifemark through Keydata.
A special European Parliament committee on the economic crisis will visit London this week calling for a more Eurocentric approach to dealing with the aftermath of the crisis.
Family Sipps have been given a boost after the Treasury confirmed that the minimum income level required to access flexible drawdown can be met from scheme pensions.
Hargreaves Lansdown founder and executive director Peter Hargreaves says the FSA must be more accountable.
Brokers have welcomed last week’s debate in the House of Commons on the MMR but are disappointed by Treasury financial secretary Mark Hoban’s defence of the proposals.
Threadneedle chief investment officer Mark Burgess has been appointed co-manager with Alex Lyle across three funds within Threadneedle’s range.
Mortgage brokers are increasingly moving into wealth management to supplement their income instead of more traditional options such as bridging loans and will-writing.
“Neither of us wants to be the fat twin.”
Discussion paper will outline potential pitfalls of Nest alternatives, according to the Financial Times.
Standard Life says Government will have to introduce new legislation if it wants to avoid “regulatory arbitrage”.
Pension providers are to apply to join a national employment savings trust panel which will offer annuities to Nest members.
Additional qualifications could be imposed on specialist advisers giving advice on “non-mainstream products”.
Resolution and Phoenix Group are circling the insurance arm of Co-operative Financial Services, Money Marketing understands.
In his first interview since being appointed chief operating officer of Sesame Bankhall, George Higginson sets out his plans for the UK’s biggest distributor.
Aegon UK chief executive Otto Thoresen warns the Government’s attempt to radically overhaul education policy risk stalling efforts to improve financial education in schools.
Incentives and remuneration for tied sales staff are being investigated by the FSA.