Products based abroad should not be allowed to give themselves the comforting veneer of being “regulated and authorised by the FCA”.
Regulator needs to turn its eye to the annuity market.
The financial services industry and the regulator would both be better off with regular exchange of personel and ideas.
Despite IFAs making strong progress in the first year of the RDR, there are some stories that recur so regularly IFAs are experiencing déjà vu.
The Banking Reform Bill grew from 29 pages at the start to 189 pages when it left the House of Lords.
Change affects us all. Some embrace it, while others resist it.
We need to understand the full costs incurred by a pension fund but it could impact the way pensions are managed.
The protection industry needs to convince consumers that it is not just interested in making money if it is going to have any chance of doing the job that consumers desperately need it to do.
The FCA’s review of price comparison sites should include all execution only sites to provide clarity for businesses looking to close the advice gap.
A simple levy paid by customers at point of purchase would be a fair, transparent and sustainable alternative.
I cannot promise we will get rid of reporting altogether. But what I can promise is we will continue to listen to your concerns.
The disparity between the burden of regulation for investment advice and the low oversight of gambling or payday lending needs to be addressed.
An encounter with the FCA shows why adviser firms, particularly smaller firms, need streamlined approach to regulatory reporting.
Aviva head of policy John Lawson says there could be a period of quiet on savings policy before the next election.
The Chancellor has been busy making difficult decisions but rest assured that we are still “all in this together”.
The dial is set – the Long Term Plan vs the Cost of Living challenge.
The Government’s charge cap consultation closed last week with a huge divergence of opinion.
This time last year we were warming up to the challange of auto-enrolment but with consultancy charging gone and a pension charge cap likely early next year, advising on workplace pensions is getting harder.
To deny someone whose dreams have been shattered the right to obtain redress through a long-stop is indefensible
Informed Choice managing director Martin Bamford says the Money Advice Service has to go.
Auto-enrolment is designed to use inertia to get people saving in the first place, so should the default option for converting savings to income not be to get advice?
The debate about what is or is not required to remain independent rumbles on but do clients really notice?
Provider needs to be clearer about the areas of the market it is likely to be operating in.
The FOS wields considerable power and anything is better than a head in the sand approach.
The pick-up in the mortgage market in recent months bodes well for 2014 but mortgage brokers must ensure they meet the demands of the MMR and ensure that lending is appropriate for thier clients.
Age UK’s chief executive outlines the plans for a new commission to ensure older people are financially prepared for retirement and are not excluded from financial services.
We are now seeing increasingly sophisticated arrangements where some customers may end up with nothing at all
The recent paper around landlords and the taxation system has some noticeable flaws.
There are signs that insurers are finally taking action to deter spurious or inflated personal injury claims.
Although this government claimed it would cut red-tape sometimes it is not the rules but the way they are applied which causes the problems.
There is no magic bullet to stop this activity, short of preventing pension transfers altogether.
The energy, enthusiasm and plans for engaging being displayed should be a good starting point.
Channel 4’s look at the annuities market was a selective and negative view of the pensions and annuity market.
”No matter how much time passes… there are some things we can never assign to oblivion”.
Use of the term ‘institutional’ is misleading and used by fund groups that do not want to sell their funds cheaply.
You will soon be able to buy all manners of protection and post-retirement solutions from platforms.
Far from eroding the advice market, D2C platforms and auto-enrolment will create the next generation of investors.
Zurich’s claim that its adviser platform represents the “most successful adviser platform launch ever” warrants further scrutiny.
Money Hub offers advisers a way of keeping in contact with transactional clients
One year on from Apfa’s re-brand the organisation is fighting to ensure the FCA delivers the regulatory dividend advisers are due.