3 March 2011
Andrew Montlake says that those who think a rate rise will solve all their issues are missing the point.
Alan Lakey says that providers could possibly be taking money under false pretences by continuing to use task-based wordings.
Nic Cicutti says the easy access pension consultation paper will not help those it is intended for.
Voter anger over RPI-CPI move may well come back to haunt the Government.
Rob Sinclair says there is still time for debate but the opportunity is leaking away.
Peter Le Beau imagines a conversation between Sir Humphrey and his minister on the hot topic of simplified protection products.
Review uncertainty hangs over VCTs and income from feed-in tariffs.
The FSA has warned that banks are pushing consumers into complex wealth management products that are unsuitable and are using “aggressive” sales incentives to motivate staff.
Former IFA Defence Union chairman Evan Owen is moving into claim management.
The FSA says it may need to intervene in the distributor-influenced funds market due to concerns over conflicts of interest and complex charges.
Former Tory Shadow pensions minister Nigel Waterson likens Govt CPI switch with Gordon Brown’s infamous pensions raid.
Former Tory Shadow pensions minister says people feel overwhelmed by the number of announcements, initiatives and consultations.
The European Court’s decision to ban gender-based annuity pricing leaves the door open for non-EU insurers to set up gender-risk-rated Qrops products, according to London & Colonial.
“We get these tubs of chocolate cornflakes from M&S. If you ate one a day you’d definitely be a porker.”
Schroders is launching a low-cost active fund designed as an alternative to passive investing in anticipation of the RDR.
The St James’s Place business model is no more restricted than most IFAs, says SJP chief executive David Bellamy.
Two with-profits providers have been referred to the FSA’s enforcement division after a review of 17 companies which identified widespread weaknesses.
Advisers have received a new warning from the regulator not to churn clients into new products to maximise recurring revenue in the run-up to the RDR.
Invesco Perpetual income guru Neil Woodford believes it will be at least another three years before the banking sector becomes an attractive investment prospect.
Invesco Perpetual income manager Neil Woodford believes investors in Chinese commodity and mining markets are due “a dose of realism”.