Webb says Government is talking to industry to deal with exit charges undermining pension flexibility.
The creation of a new currency would add another £2bn to this figure.
Sky News reports that Virgin Money could launch its shares on the stock exchange as early as October.
Standard Life Investments has replaced the Ignis equity managers from 15 funds with its own managers.
Julio will support Harry Talbot Rice in managing the Sarasin EquiSar fund as part of his new role at the firm.
Economists say purchase figures are proof lending is starting to recover following the Mortgage Market Review.
Shadow Business Secretary Chuka Umunna says “seeds were sown” by Gordon Brown’s election strategy.
D2C firm plans to target older, wealthier clients.
Lender limits loans over £500,000 to four times income.
Brewin Dolphin will pay £2m to settle the contract for the discretionary IT system roll-out it abandoned earlier this year.
Deal sees more than 1,000 clients and £108m in assets under advice move to consolidator.
FCA has upped its game on market abuse, says law firm Pinsent Masons.
Firm planning retail rollout of already-launched institutional fund.
Wrap platform to provide loan facility up to £750,000.
Overhaul of the way business is run comes after the business discovered a £1.5bn capital shortfall in the Co-op Bank.
Every business should have a risk register setting out the main risks the organisation faces and how it is dealing with them.
The JP Morgan Fusion fund of funds range has doubled down on Japanese prime minister Shinzo Abe’s planned third arrow.
Grey areas can emerge when trying to meet the interests of your customers, especially in areas such as power of attorney
Is technology a business opportunity or a threat for advisers?
Proposed changes to the Solvency II directive would bring down the cost of securitising, which some say will lead to new lenders.
Negative numbers from the financial crisis are dropping out of investment funds’ five-year numbers but what does this mean for investors?
A huge amount of time and money is about to be spent because the Chancellor did not fully think through the implication of the guidance guarantee.
The Government is trying to balance flexibility and anti-abuse measures in its ambitious plans for pension reform.
Borrowers could face difficulties maintaining repaymetns if their income falls during retirment
A further look at how new planned IHT rules would apply to relevant property trusts.
There is further work to be done in understanding the regulatory high-level standards in developing a bona fide business plan.
Ready-made centralised investment propositions
Until comparatively recently, all but a very few advisers considered investment trusts to be outside their remit.
Despite £16bn in consumer redress some firms are still refusing to face up to what they have done.
Some advisers’ clients may be held on a platform for historical reasons rather than being the adviser’s actual platform of choice.
Slowly the wheel has turned, and many IFAs now seem ready to build a bit more scale on top of the solid foundations they have carefully built
Asking simple questions often provides a useful means of highlighting how perceptions can differ from reality.
The old adage that “rules are for the guidance of wise men and the obedience of fools” has never been more appropriate.
Do those eyeing an online advice offering face a struggle?
We need to be radical on this, and it is not enough to tinker around the edges.
Booking Westminster Abbey for a morale boosting staff meeting seems fitting for an increasingly powerful taxman.
It is hard to envisage a scenario where a mandate is switched every time a good manager moves on.
My golden rule is that I deal only with clients I like.
Three hours I have spent wrestling with Gabriel, bringer of despair, who demands pointless information just to keep someone in Canary Wharf in a job.
- pause slideshow
Association of British Insurers deputy director general Huw Evans tells Tom Selby how insurers are coping with the barrage of pension reforms emanating from Whitehall.
Former Labour work and pensions secretary Lord John Hutton discusses the tensions between the DWP’s ‘collective DC’ plans and Chancellor George Osborne’s radical Budget reforms.
Video from Partnership: Martin Lines on the role of annuities in delivering retirement income solutions video
Partnership head of business development Martin Lines discusses the role of annuity products in the rapidly evolving retirement market.
Just Retirement intermediary sales director Steve Martell discusses the changing retirement landscape and the role of advice following the Budget.
In case you missed it...
Chair Helena Morrissey calls for more women on board.
Analysts at Morgan Stanley expect Hargreaves to secure a banking licence in a bid to retain clients and capitalise on Budget reforms.
Though there are fewer S166 reviews under the FCA the average cost has more than quadrupled to £3m.
Treasury select committee chair Andrew Tyrie says he is “particularly concerned” about cost to firms and customers.