1 December 2011
Chris Gilchrist says more should have changed than just the initials of the regulator.
Is this the best the MAS can do? If it is, what a dreadful waste of money.
US clients want to intervene while people are calmer in the UK
F&TRC director assesses Zurich’s RDR-readiness.
Paul Farrow asks whether clients should cut losses or stay in the ring for a few more rounds.
Evidence of the FSA’s new interventionist streak was on display this week as the regulator proposed banning the sale of life settlement funds to retail investors.
Japanes bonds are now seen as a safe haven while its equity market is the cheapest in 20 years.
SL Investment Management investment director Patrick McAdams explains why the FSA is right over life settlements.
AIC director general Ian Sayers says Chancellor George Osborne’s decision to scrap the £1m investing limit for venture capital trusts will provide a boost to the sector.
Advisers have welcomed moves to boost lending to small and medium-sized enterprises, saying it will allow IFA firms to fund acquisitions.
Mortgage experts are disappointed the Government is not extending the stamp duty holiday for first-time buyers, saying it will delay some people buying a property.
Chancellor George Osborne has warned that a financial transaction tax would hit individual savers rather than the banks.
Chancellor George Osborne says if European leaders cannot find a solution to the European sovereign debt crisis, the Government’s new growth forecasts could be far too optimistic.
The Government has revealed that its maximum liability for the recently announced mortgage indemnity scheme will be no more than £1bn.
Boulger questions how the Government can stick by its promise to build a new affordable house for every property sold to a social tenant.
Advisers say seed enterprise investment schemes designed to boost start-ups will not be of interest to leading EIS providers.
Plans to raise the state pension age for men and women to 67 are to be accelerated.
Labour MPs have raised concerns about the potential cost of the Government’s plan to get UK pension funds investing in infrastructure projects.
Paragon Group mortgage chief has warned new BTL lenders they could expose themselves to greater risk if they underwrite BTL loans in the same way as owner-occupier mortgages.
The Treasury is likely to announce a review of pension tax in next year’s Budget.
Concerns from the FSA are casting doubt on whether independent advisers will be able to offer distributor-influenced funds after the RDR.
In such an income-seeking climate, investors run the danger of increasing their individual stock risks, investing in managers with overlapping holdings.
CMCs are continuing to submit incomplete and inaccurate complaints on behalf of investors as it tries to weed out spurious complaints.
Investec Asset Management is considering launching its first income product.
Fears the regulation itself could be dropped due to the eurozone crisis.
Labour Shadow pensions minister Gregg McClymont calls for transparency on pension charges and help on auto-enrolment for small businesses
DAC Beachcroft says advisers being pursued by the FSCS should consider a group action.
Lighthouse is delaying applying for a QCF level four waiver for a terminally ill IFA as it assesses the compliance costs involved.
Industry experts warn regulator’s legacy commission ban is going to put a huge strain on product providers’ resources.
Government has been attacked over its decision to delay automatic enrolment for small businesses.
Phoenix has apologised after sending thousands of deferred pension scheme members an enhanced transfer value offer letter that values the members’ DBentitlement at the wrong date.
Money Marketing asks four non- Aifa advisers what would make them join the trade body?