Only Friends Life has confirmed it will reduce all member charges to active rate ahead of active member discount ban.
Amir Khan will be fined £80,000 after the Regulatory Decisions Committee had reduced the original £100,000 to £3,300 on grounds of financial hardship.
Mortgage lending is on the rise, driven by increased economic optimism and Government initiatives
High yield managers are split on whether to stick to the “stable” US market or opt for “wildcard” emerging markets, while some point to sweet spots in European hybrids and B-rated bonds.
Andrew Rees and Timothy Hughes were partners at 1 Stop Financial Services.
Results of guidance pilot will feed into the FCA’s consultation on retirement guidance.
Performance added about £30m to the pot, while inflows comprised roughly £215m, the AIM-listed wealth manager says.
Alok Dhanda appeared in court accused of using client money to fund gambling debt.
EW completes a reverse takeover of Aim-listed advice and wealth management firm European Wealth Management Group
Steve Webb says giving people an indication of how long they will live at retirement will help them make better financial decisions.
Money Marketing investigates the myriad ways platforms are administering rebates in the new supposedly ‘transparent’ RDR world.
Sue Lewis on delivering the Budget's retirement advice plan and why the independent and restricted labels are meaningless
The FCA’s Consumer Panel chair shares her views on how to make the Budget pension reforms work for consumers – and has some strong words for advisers
Average profit per adviser rose significantly in 2013.
The comparison tool will be free to advisers and sold to providers.
Hargreaves says jump in complaints is down to issues around the Royal Mail share sale.
Take care when drafting terms of business agreements to clearly define the scope of advice and service provided by a firm.
Benchmarking compares your business to the rest of the market and provides context for competitive analysis. There are two main stages – gathering external data and assessing your position.
The importance of building and communicating your brand should not be underestimated
Skandia Life founder and chairman of Nucleus Financial Group Paul Bradshaw has become chairman of River & Mercantile Group. The group was formed by the recent merger of P-Solve with River & Mercantile Asset Management. Bradshaw will oversee the firm’s growth strategy and work closely with its executive team, led by chief executive Mike Faulkner.
Should investors react to signs that some emerging markets have started to outperform the developed world?
Chief investment officer Peter Lowman is buying into inflation-linked bonds in order to prepare for potential volatility.
Treasury says it has “mechanisms” in place to smooth the ending of the mortgage guarantee scheme, but doesn’t know what these are
Skandia’s new Wealth Select service has attractions for advisers looking to de-risk their business but it feels a little like a business in transition
CarbonFin Outliner is a simple tool that lets you build an outline of anything in a logical and structured pattern.
In a competitive job market it is essential to present yourself in the best light to ensure you get hired
The Architas managing director on starting a business in the midst of the worst financial crisis in living memory, the importance of networking and his work as an EU diplomat before joining the City
Research products and their associated risks. Do not allow product providers to sell to you. Many of the major misselling incidents of recent years had at their heart a very successful salesman flogging his product to IFAs. All too often, the adviser had no idea what was in the product or the risks to which anyone holding it was exposed.
Higher revenues are tied to a percentage of assets charging structure.
Advisers need to ensure they are meeting their clients’ demands when it comes to communicating and interacting and increasingly this means using the latest technology.
Regulators and politicians trying to play to consumer interests just end up making access to financial services worse
Advisers should be aspiring to deliver the best possible clarity on fees
The Aberdeen Latin American Equity fund’s performance suffered last year due to its exposure to Brazil but the manager used this as a buying opportunity and it is well placed to benefit from long-term growth.
Not so long ago pundits were predicting the end of the cult of equities as baby-boomers moved into retirement but the Budget pensions changes mean many people will remain invested into retirement.
The charge cap is good news for pension savers but a failure to get employers to engage with auto-enrolment is putting the whole project at risk.
Last year saw offshore bonds written on platforms double and they are likely to account for 50% of sales by the end of 2015.
There is still confusion over what is and what is not independent.
The Budget should encourage a much more favourable view of long-term saving and by blending protection products with investment we have a chance to offer real innovation that will benefit consumers.
The challenge is finding a way of explaining the complex options for many people who still want an income in retirement.
After looking at our business numbers, we realised something has to change.
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Holly Mackay speaks to Standard Life head of platform propositions David Tiller
Tony Wickenden and John Woolley get to grips with the radical reforms set out in the Budget.
We hosted a series of live MM:Wired TV debates on our website following the FCA’s recent annuities thematic review. In this session, advisers Robert Reid and David Trenner debate changes that are required with the ABI’s Yvonne Braun and EY’s Malcolm Kerr.
In this session we hear the views of FCA director Nick Poyntz-Wright
In case you missed it...
Bank has to raise £400m after it found a number of redress and misselling issues following a past business review.
New body to be headed up by IMA chief executive Daniel Godfrey.
Consultant surveys 1208 consumers with 63 per cent wanting retirement advice
Provider will impose a £100 per month “scheme management fee” on small schemes with low average contributions who have already agreed a charge above 0.75 per cent.