http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/magazine/graphics/logo.png http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/investments/investec-and-morgan-stanley-change-unfair-structured-product-terms/1066760.article http://www.moneymarketing.co.uk/investments/investec-and-morgan-stanley-change-unfair-structured-product-terms/1066760.article Two structured product providers have agreed to change the terms on some of their products after the FSA deemed them to be “unfair”. Thu, 28 Feb 2013 00:00 GMT http://www.moneymarketing.co.uk/politics/govt-considers-sharing-help-to-buy-mig-risk-with-private-insurers/1071472.article http://www.moneymarketing.co.uk/politics/govt-considers-sharing-help-to-buy-mig-risk-with-private-insurers/1071472.article Ex-Alliance & Leicester chief executive John Windeler is working with the Treasury to limit Government liabilities.  Fri, 24 May 2013 09:30 GMT http://www.moneymarketing.co.uk/mortgages/mps-to-consider-if-help-to-buy-mig-could-extend-to-self-builders/1071451.article http://www.moneymarketing.co.uk/mortgages/mps-to-consider-if-help-to-buy-mig-could-extend-to-self-builders/1071451.article An all-party parliamentary group will examine whether self-build projects can be included in the Government’s Help to Buy MIG scheme.  Fri, 24 May 2013 09:30 GMT http://www.moneymarketing.co.uk/politics/tory-mp-calls-for-tsc-to-investigate-co-op-blow-up/1071481.article http://www.moneymarketing.co.uk/politics/tory-mp-calls-for-tsc-to-investigate-co-op-blow-up/1071481.article Conservative MP Brooks Newmark says the regulator, Bank of England and Co-Op management are to blame for the firm’s troubles. Fri, 24 May 2013 09:30 GMT http://www.moneymarketing.co.uk/investments/japanese-stocks-regain-ground-following-global-sell-off/1071741.article http://www.moneymarketing.co.uk/investments/japanese-stocks-regain-ground-following-global-sell-off/1071741.article Japanese stocks ended Friday’s session ahead, regaining some ground after the sell-off that was seen in the previous day. Fri, 24 May 2013 08:55 GMT http://www.moneymarketing.co.uk/mortgages/west-brom-gears-up-for-mortgage-advice-sector-return/1071539.article http://www.moneymarketing.co.uk/mortgages/west-brom-gears-up-for-mortgage-advice-sector-return/1071539.article The lender temporarily withdrew from the intermediary market in December 2008 Fri, 24 May 2013 08:30 GMT http://www.moneymarketing.co.uk/mortgages/borrowers-vow-to-keep-fighting-boi-after-mortgage-u-turn/1071536.article http://www.moneymarketing.co.uk/mortgages/borrowers-vow-to-keep-fighting-boi-after-mortgage-u-turn/1071536.article The Bank of Ireland is refunding 1,200 borrowers affected by a tracker mortgage rate rise on 1 May. Fri, 24 May 2013 08:10 GMT http://www.moneymarketing.co.uk/adviser-news/campbell-macpherson-teams-up-with-what-if/1071702.article http://www.moneymarketing.co.uk/adviser-news/campbell-macpherson-teams-up-with-what-if/1071702.article Firms look to aid financial services firms with developing new products and attracting new clients. Thu, 23 May 2013 15:17 GMT http://www.moneymarketing.co.uk/politics/trade-bodies-slam-eus-ftt-as-tax-on-family-savings/1071696.article http://www.moneymarketing.co.uk/politics/trade-bodies-slam-eus-ftt-as-tax-on-family-savings/1071696.article The BBA, EEF and CBI are warning the EU’s financial transaction tax will push up mortgage costs. Thu, 23 May 2013 14:47 GMT http://www.moneymarketing.co.uk/pensions/uk-gets-reprieve-from-450bn-eu-capital-plans-for-pensions/1071689.article http://www.moneymarketing.co.uk/pensions/uk-gets-reprieve-from-450bn-eu-capital-plans-for-pensions/1071689.article European Commissioner Michel Barnier said more research is needed before introducing the new capital requirements. Thu, 23 May 2013 14:00 GMT http://www.moneymarketing.co.uk/investments/aic-rebate-ban-puts-investors-in-the-driving-seat/1071687.article http://www.moneymarketing.co.uk/investments/aic-rebate-ban-puts-investors-in-the-driving-seat/1071687.article The FCA’s decision to ban platform rebates will benefit the end investor and allow investment trusts to better compete, according to AIC director general Ian Sayers. Thu, 23 May 2013 13:48 GMT http://www.moneymarketing.co.uk/investments/are-rising-japanese-bond-yields-contributing-to-equity-plunge/1071685.article http://www.moneymarketing.co.uk/investments/are-rising-japanese-bond-yields-contributing-to-equity-plunge/1071685.article Managers give their views on Japan’s declining equity sentiment. Thu, 23 May 2013 13:23 GMT http://www.moneymarketing.co.uk/regulation/fca-fines-jp-morgan-international-bank-31m-for-wealth-management-failings/1071669.article http://www.moneymarketing.co.uk/regulation/fca-fines-jp-morgan-international-bank-31m-for-wealth-management-failings/1071669.article Company has been fined for systems and controls failings relationg to its retail investment advice and portfolio investment services. Thu, 23 May 2013 11:14 GMT http://www.moneymarketing.co.uk/investments/ftse-sees-195-drop-in-global-sell-off/1071663.article http://www.moneymarketing.co.uk/investments/ftse-sees-195-drop-in-global-sell-off/1071663.article The FTSE 100 dropped by 1.95 per cent in early trades after the Federal Reserve said it could ease its bond-buying programme and fears of a Chinese hard landing resurfaced. Thu, 23 May 2013 10:24 GMT http://www.moneymarketing.co.uk/wrap-and-technology/aegon-moves-arc-platform-admin-in-house-from-novia/1071655.article http://www.moneymarketing.co.uk/wrap-and-technology/aegon-moves-arc-platform-admin-in-house-from-novia/1071655.article Aegon to take on administration from Novia by end of Q1 2014. Thu, 23 May 2013 10:04 GMT http://www.moneymarketing.co.uk/pensions/treasury-scottish-independence-would-create-db-pension-problems/1071482.article http://www.moneymarketing.co.uk/pensions/treasury-scottish-independence-would-create-db-pension-problems/1071482.article HM Treasury report says DB schemes would face “substantial additional burdens” if Scotland becomes an independent nation. Thu, 23 May 2013 09:30 GMT http://www.moneymarketing.co.uk/regulation/treasury-questions-redress-methods-under-independent-scotland/1071489.article http://www.moneymarketing.co.uk/regulation/treasury-questions-redress-methods-under-independent-scotland/1071489.article The Treasury is concerned an independent Scotland would not be able to replicate the FSCS, FOS and Money Advice Service. Thu, 23 May 2013 09:30 GMT http://www.moneymarketing.co.uk/mortgages/scottish-independence-may-force-up-mortgage-rates/1071519.article http://www.moneymarketing.co.uk/mortgages/scottish-independence-may-force-up-mortgage-rates/1071519.article Treasury says a 1 per cent rise in rates due to Scottish independence would push up repayments by an extra £1,300 in the first year. Thu, 23 May 2013 09:30 GMT http://www.moneymarketing.co.uk/pensions/providers-scottish-independence-could-end-pension-tax-relief-for-millions/1071560.article http://www.moneymarketing.co.uk/pensions/providers-scottish-independence-could-end-pension-tax-relief-for-millions/1071560.article Senior industry figures speak to Money Marketing about the impact independence could have on tax-relief and Scottish financial services. Thu, 23 May 2013 09:30 GMT http://www.moneymarketing.co.uk/mortgages/aldermore-to-start-lending-in-scotland/1071652.article http://www.moneymarketing.co.uk/mortgages/aldermore-to-start-lending-in-scotland/1071652.article Brokers in Scotland will have access to entire product range from 10 June. Thu, 23 May 2013 09:03 GMT http://www.moneymarketing.co.uk/investments/japanese-stocks-tank-7-after-bernanke-says-qe-may-slow/1071649.article http://www.moneymarketing.co.uk/investments/japanese-stocks-tank-7-after-bernanke-says-qe-may-slow/1071649.article Japanese stockmarkets have plunged at the highest rate since the March 2011 tsunami and nuclear disaster. Thu, 23 May 2013 08:59 GMT http://www.moneymarketing.co.uk/adviser-news/lloyds-to-make-450m-from-selling-15-stake-in-sjp/1071645.article http://www.moneymarketing.co.uk/adviser-news/lloyds-to-make-450m-from-selling-15-stake-in-sjp/1071645.article The sale will take place on 29 May. Thu, 23 May 2013 08:34 GMT http://www.moneymarketing.co.uk/adviser-news/threesixty-launches-dfm-due-diligence-service/1071520.article http://www.moneymarketing.co.uk/adviser-news/threesixty-launches-dfm-due-diligence-service/1071520.article Threesixty firms will be given DFM audit information free of charge.  Thu, 23 May 2013 08:30 GMT http://www.moneymarketing.co.uk/pensions/govt-under-pressure-to-tackle-blended-fund-charges/1071557.article http://www.moneymarketing.co.uk/pensions/govt-under-pressure-to-tackle-blended-fund-charges/1071557.article Legal & General says employer advice should be regulated by the Financial Conduct Authority. Thu, 23 May 2013 08:30 GMT http://www.moneymarketing.co.uk/wrap-and-technology/cofunds-chairman-charlie-eppinger-steps-down-as-lg-completes-acquisition/1071644.article http://www.moneymarketing.co.uk/wrap-and-technology/cofunds-chairman-charlie-eppinger-steps-down-as-lg-completes-acquisition/1071644.article Cofunds chairman Charlie Eppinger has stepped down and retired from the Cofunds board with immediate effect. Thu, 23 May 2013 08:21 GMT http://www.moneymarketing.co.uk/adviser-news/intrinsic-sets-aside-2m-for-complaints-as-profits-rocket/1071279.article http://www.moneymarketing.co.uk/adviser-news/intrinsic-sets-aside-2m-for-complaints-as-profits-rocket/1071279.article Intrinsic Financial Services has set aside over £2m for expected complaints settlements in its 2012 accounts Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/pensions/lg-to-offer-trustee-style-governance-for-contract-based-pensions/1071221.article http://www.moneymarketing.co.uk/pensions/lg-to-offer-trustee-style-governance-for-contract-based-pensions/1071221.article The ‘independent governance oversight’ committee is designed to look after the interests of contract-based scheme members. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/home/out-of-context/out-of-context/1071258.article http://www.moneymarketing.co.uk/home/out-of-context/out-of-context/1071258.article “I could have been Emma Party.” Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/adviser-news/mps-back-arch-cru-legal-battle/1071280.article http://www.moneymarketing.co.uk/adviser-news/mps-back-arch-cru-legal-battle/1071280.article MPs George Galloway and Anne Begg backed IFA Centre’s legal case against Capita, but Guy Opperman warned investors may be better off accepting the compensation deal.  Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/transact-tops-the-platforum-q2-leaderboard/1071281.article http://www.moneymarketing.co.uk/wrap-and-technology/transact-tops-the-platforum-q2-leaderboard/1071281.article Transact has toppled Elevate off the top spot in The Platforum Market Monitor for Q2.  Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/multi-manager/iveaghs-wyllie-increases-commercial-property-exposure/1071304.article http://www.moneymarketing.co.uk/multi-manager/iveaghs-wyllie-increases-commercial-property-exposure/1071304.article Iveagh Wealth chief investment officer Chris Wyllie has increased the property weighting in the Iveagh Wealth fund. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/ascentric-sells-platform-technology-development-team/1071313.article http://www.moneymarketing.co.uk/wrap-and-technology/ascentric-sells-platform-technology-development-team/1071313.article The Bangalore-based team has been sold to Indian consulting and technology firm Collabera. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/multi-manager/troy-spectrum-puts-over-10-in-japan/1071318.article http://www.moneymarketing.co.uk/multi-manager/troy-spectrum-puts-over-10-in-japan/1071318.article The £86m Troy Spectrum fund has taken its exposure to Japan to more than 10 per cent by adding to holdings in funds from Morant Wright and Lindsell Train. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/pensions/govt-reforms-will-cut-public-sector-pensions-by-a-third/1071374.article http://www.moneymarketing.co.uk/pensions/govt-reforms-will-cut-public-sector-pensions-by-a-third/1071374.article The Pensions Policy Institute says the reforms will reduce the average value of a member’s pension from 23 per cent of salary to 15 per cent of salary. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/money-advice-service-calls-for-evidence-to-help-form-new-five-year-strategy/1071375.article http://www.moneymarketing.co.uk/money-advice-service-calls-for-evidence-to-help-form-new-five-year-strategy/1071375.article The Money Advice Service is calling for evidence as part of a major study into financial well-being in the UK. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/adviser-news/pims-trail-will-cease-by-2016/1071418.article http://www.moneymarketing.co.uk/adviser-news/pims-trail-will-cease-by-2016/1071418.article IFG Financial Services chief executive Tim Sargisson says trail will end within next three years. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/pensions/pims-abi-says-industry-still-needs-to-earn-govts-auto-enrolment-trust/1071427.article http://www.moneymarketing.co.uk/pensions/pims-abi-says-industry-still-needs-to-earn-govts-auto-enrolment-trust/1071427.article ABI director of life, savings and protection Stephen Gay says the industry is under intense scrutiny on auto-enrolment. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/adviser-news/pims-the-mood-on-board-the-boat/1071432.article http://www.moneymarketing.co.uk/adviser-news/pims-the-mood-on-board-the-boat/1071432.article Advisers give their views on recent industry changes and how they have dealt with them. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/adviser-news/cwc-research-how-to-build-a-post-rdr-adviser-firm/1071433.article http://www.moneymarketing.co.uk/adviser-news/cwc-research-how-to-build-a-post-rdr-adviser-firm/1071433.article CWC Research has published a study into how small and medium sized advisers can create a successful post-RDR business. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/mortgages/cost-of-95-ltv-mortgages-on-the-rise/1071446.article http://www.moneymarketing.co.uk/mortgages/cost-of-95-ltv-mortgages-on-the-rise/1071446.article Borrowers with a 5 per cent deposit are paying 14 basis points more today for a 95 per cent LTV two-year fix than in September 2011. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-hmrc-u-turned-over-rebate-tax-decision/1071460.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-hmrc-u-turned-over-rebate-tax-decision/1071460.article Standard Life says HM Revenue & Customs changed its mind about the tax treatment of platform rebates after indicating in autumn it did not see them as taxable. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/adviser-news/pims-pfs-to-launch-campaign-aimed-at-improving-trust/1071463.article http://www.moneymarketing.co.uk/adviser-news/pims-pfs-to-launch-campaign-aimed-at-improving-trust/1071463.article The Personal Finance Society is launching a campaign to improve the financial advice industry’s reputation among consumers. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-half-a-million-people-on-advised-platforms-have-seen-no-portfolio-changes/1071464.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-half-a-million-people-on-advised-platforms-have-seen-no-portfolio-changes/1071464.article The Platforum says around half a million people with assets on advised platforms have not had any changes to their accounts in the last three years. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-ascentric-set-to-soft-launch-white-label-platform/1071465.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-ascentric-set-to-soft-launch-white-label-platform/1071465.article Ascentric is soft-launching its adviser self-direct white-label proposition with around 50 firms over the course of 2013. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/investments/pims-dfm-not-available-for-clients-with-less-than-250k/1071466.article http://www.moneymarketing.co.uk/investments/pims-dfm-not-available-for-clients-with-less-than-250k/1071466.article Consultancy firm Asset Risk Consultants says true bespoke discretionary fund management is not available to clients with £250,000 or less to invest.  Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-platforms-say-there-is-no-demand-for-flat-fees/1071467.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-platforms-say-there-is-no-demand-for-flat-fees/1071467.article Axa Elevate, 7IM and Standard Life said flat platform fees will not become more popular than percentage charges. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/pensions/treasury-scottish-independence-would-hit-uk-pensions/1071474.article http://www.moneymarketing.co.uk/pensions/treasury-scottish-independence-would-hit-uk-pensions/1071474.article HM Treasury report says Scottish independence would increase costs for pension providers and members. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/regulation/treasury-warns-independent-scotland-could-push-up-regulatory-costs/1071479.article http://www.moneymarketing.co.uk/regulation/treasury-warns-independent-scotland-could-push-up-regulatory-costs/1071479.article A yes vote to Scottish independence would mean separate regulatory approval for firms and advisers operating across the UK. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/pensions/tpr-to-spend-30m-on-auto-enrolment-regulation-this-year/1071550.article http://www.moneymarketing.co.uk/pensions/tpr-to-spend-30m-on-auto-enrolment-regulation-this-year/1071550.article The Pensions Regulator will focus on boosting its enforcement capabilities ahead of SMEs’ auto-enrolment staging dates. Thu, 23 May 2013 00:00 GMT http://www.moneymarketing.co.uk/pensions/sipps/fca-under-pressure-to-rethink-sipp-cap-ad-plans/1071561.article http://www.moneymarketing.co.uk/pensions/sipps/fca-under-pressure-to-rethink-sipp-cap-ad-plans/1071561.article Sipp trade body says there is “minimal support” from the industry for the regulator’s proposed reforms. Thu, 23 May 2013 00:00 GMT