8 April 2010
Lifesearch’s Tom Baigrie is working with the ABI to help raise consumer awareness of protection.
Some Barclays clients in the Aviva global balanced income fund have been waiting more than three months for their investments to be re-registered due to a string of admin blunders.
Venture capital trust expert Martin Churchill says the VCT market is on track to raise £300m for the last tax year.
The ABI has rejected the name catastrophic disability benefit to replace total permanent disability
Investment trusts should be given a fair crack of the whip
“We are currently faced with a situation where the mortgage intermediary competitors are mainly the product manufacturers - the lenders.”
Brian Tora says it is time to consider other currencies as election uncertainty disrupts sterling
“One thing you can say for sure about Eastern European markets is they are extremely volatile.”
Fidelity has appointed Ben Waterhouse as head of UK wholesale sales.
Structured product providers are reviewing kick-out plans after a HM Revenue & Customs’ warning that some plans may have been wrongly promoted as Isa-eligible.
The FSA has failed to follow the regulator’s compliance code in its work on the retail distribution review, according to advisers.
Ignis’ Simon Mungall says advisers should prepare their clients’ portfolios for both a Tory and a Labour Government.
The Financial Services Compensation Scheme went even further in its attempts to offend natural justice last week, confirming that intermediaries will pay the full burden of claims relating to Lehman-backed structured product providers.
“If naughty financial folk are not misbehaving to try and dig themselves out of holes, all I can really find as motivation is stupidity, arrogance or because they have completely lost touch with what most people see as the line between right and wrong.”
“The industry moans about the presence of schedule 19 SDRT - not because it costs investors much but because its calculations and administration is onerous, costly and nets very little for the Revenue.”
Nic Cicutti says being a small IFA in the future will not cut the mustard with savvier clients.
“There will be some who feel that life can go on after a few tweaks but they are the ostriches. The RDR will bring change and now is the time to acknowledge the distance we have to travel.”
The firm could cut the 0.5 per cent up-front fee on its passive UK equity and UK equity income funds.