Money Marketing
12 December 2007
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S&P awards AA rating to Insight fund
14 Dec 2007
Insight’s monthly income fund has been rewarded with a ‘AA’ rating from Standard & Poor’s following strong performance in the past 12 months.
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"Advice" and "sales" only two tiers needed, says Aifa
18 Dec 2007
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£40m FSCS levy refund for GI firms
17 Dec 2007
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40% of insurers are not preparing for Solvency II
18 Dec 2007
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93 per cent of baby boomers will work beyond retirement age
12 Dec 2007
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A shaw thing
13 Dec 2007
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A week of strong opinions
14 Dec 2007
Adviser firms seem to be raising their profile somewhat, if the Sunday Times Virgin Fast Track 100 survey is anything to go by.
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Abbey to cut rates by up to 0.1 per cent
18 Dec 2007
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ABI wants to delay levy reforms for Rock result
13 Dec 2007
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Activists swoop to catch the golden Eaglet
12 Dec 2007
After months of arguments over the Eaglet Investment Trust it seems that the activists have finally won the war after seizing control of the specialist fledgling companies investor.
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Ad infinitum
13 Dec 2007
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Altmann calls on Prime Minister for clarity over pensioners' compensation
12 Dec 2007
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Analysts predicting rates at 5% in 2008
13 Dec 2007
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Andrea Rozario
13 Dec 2007
The new director-general of Safe Home Income Plans, the trade association for equity-release providers, has no easy ride ahead of her. Andrea Rozario, who began her new job last week, must sell the message to a sceptical public and ambivalent adviser community that equity release is a sophisticated, safe and attractive product.
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Anger as PM blocks pension redress
13 Dec 2007
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Annuity arithmetic
13 Dec 2007
Two clients have asked me about the use of alternatively secured pensions. They are a married couple who are well into retirement. What are their options?
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Applegarth to leave Northern Rock with immediate effect
13 Dec 2007
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Aviva clarifies policyholder eligibility for reattribution process
13 Dec 2007
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Axa revises protection rates
18 Dec 2007
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Balance points
13 Dec 2007
Recent economic data has pointed to the likelihood of weaker growth levels into next year. The main risk remains credit markets which are experiencing declines in supply and demand amid a general deterioration of loan quality. Credit contraction problems have the potential to tip the economy into recession.
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Banks blasted for debt crisis
13 Dec 2007
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Bitter row in Cabinet over pensioners’ compensation
13 Dec 2007
Pensions consultant Ros Altmann has accused the Prime Minister and the Treasury of stalling on compensating 125,000 workers who lost their occupational pensions.
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Bolton expects market conditions to worsen
12 Dec 2007
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Bonds have more fun
13 Dec 2007
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Boutique bonus
13 Dec 2007
Credit Suisse is looking to follow some of its boutique peers by offering performance bonuses in a bid to motivate its fund managers to outperform.
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Bright sparks
13 Dec 2007
As we approach the end of the response period for the retail distribution review, it is appropriate to look back on the suggested outcomes and assess how the FSA may be reacting.
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Brokers supporting Cameron loan plea
13 Dec 2007
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Buckles takes over Jennings
13 Dec 2007
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Buy-to-let investors confident sector will remain strong says B&B
12 Dec 2007
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C&G sends service warning
13 Dec 2007
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C&G to withdraw further products today
17 Dec 2007
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Central banks move to ease illiquidity
12 Dec 2007
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Citizens Advice report is too simplistic, says CML
12 Dec 2007
The Citizens Advice report ‘Set Up to Fail’ is too simplistic in its criticisms of the lending industry, according to the Council of Mortgage Lenders.
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Concurrency changes have increased Sipp business, says Fidelity FundsNetwork
14 Dec 2007
A poll conducted by Fidelity FundsNetwork has revealed that changes concerning concurrency since A-Day have led to an increase in Sipp business.
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Conspiracy theory
13 Dec 2007
Perhaps I have been watching too many Oliver Stone movies. The more I read about what people are saying in favour of the retail distribution review, the more I think there is a conspiracy afoot.
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Consumer Panel says PMI should sit with protection products in new Icob
18 Dec 2007
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Craig concern over hidden subsidies
13 Dec 2007
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Darling delays CGT announcement until the New Year
13 Dec 2007
The Chancellor has announced the Government’s final proposals for changes to Capital Gains Tax will now not be published until the New Year.
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Davy's minority view of the CII/PFS's RDR response
18 Dec 2007
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Debt deals
13 Dec 2007
Consumer debt is at record levels and advisers are regularly seeing clients seeking counsel on debt.
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Default decumulation may be retirement route
13 Dec 2007
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Desperate need for new thinking and innovation
13 Dec 2007
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Duo set up structured boutique
13 Dec 2007
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European Commission publishes white paper on EU mortgage markets
18 Dec 2007
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Family firms hit by tax changes
13 Dec 2007
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Federal reserve cuts rates to 4.75 per cent
12 Dec 2007
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FSA bans former Insure & Go chief executive for attempting to mislead the regulator
14 Dec 2007
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FSA bans four individuals for dishonest behaviour in reinsurance market
14 Dec 2007
The FSA has banned four individuals for "engaging in dishonest business practices" in the reinsurance market which funnelled very significant losses into Sphere Drake Insurance Limited.
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FSA bans pet insurance broker
17 Dec 2007
The FSA has banned Flett Sinclair Insurance Brokers Limited sole director David Holland and Petsure Limited for misusing customers' assets.
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FSA could rethink limitation
13 Dec 2007
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FSA fines Norwich Union £1.26m for exposing customers to fraud risk
17 Dec 2007
The FSA has fined Norwich Union Life £1.26m for failing to protect customers' data which resulted in a number of actual and attempted frauds.
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FSA needs to further develop CAR rules, says Royal London
14 Dec 2007
Royal London says the FSA needs to develop its thinking further in relation to the rules around CAR, requiring product providers to compete on the basis of product quality and innovation.
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FSA orders investigation into Resolution takeover
17 Dec 2007
The FSA has ordered internal investigations within the four companies involved in the takeover of Resolution amidst concerns over market abuse, according to reports.
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FSA resists handing over responsibility for banks
13 Dec 2007
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FSA shelves Icob changes
13 Dec 2007
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FSA, BoE and Treasury knew in 2006 they could not deal with failing bank
18 Dec 2007
Bank of England governor Mervyn King has admitted that the Tripartite Authorities were aware at the end of 2006 that they did not have the tools to deal with a UK bank failing.
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FSA's projection rates to remain the same
18 Dec 2007
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Get your tax straight on buy to let
13 Dec 2007
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'Go to Brussels to sort out auto issues'
13 Dec 2007
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Government announces private rented sector review
12 Dec 2007
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Govt set to disregard PPI means-test move
13 Dec 2007
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Great Scott
13 Dec 2007
I do not often recommend funds which have had below-average performance over the medium term but I think an exception can be made for Scott McGlashan's JO Hambro Capital Management Japan fund.
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HBOS announces £180m sub-prime hit
13 Dec 2007
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HBOS seeks single ties for simple life cover
13 Dec 2007
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Heed the warnings
13 Dec 2007
I am writing this before the FSA publishes its final Icob rules. I believe the rules will require stronger safeguards so that those who buy over the phone are clear on whether or not they are getting advice. They are also likely to require all those who sell without advice to make clear that the customer is responsible for the product being suitable, not the seller.
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Hips are a waste of energy
13 Dec 2007
When home information packs are extended to one-bedroom and two-bedroom properties on December 14, they will be mandatory for all residential properties marketed except newbuild and those sold without vacant possession.
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HM Treasury extends guarantee to Northern Rock wholesale
18 Dec 2007
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HMRC in U-turn after protection warnings
13 Dec 2007
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Icob groups life cover with protection products
18 Dec 2007
So, after a stalled release, the new Icob sourcebook is in the public domain and, at a quick glance, it does not look like the FSA has veered far from its original proposals set out in June’s consultation paper.
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Investors took cautious approach in 2007, says Cofunds
17 Dec 2007
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Is CGT delay Darling’s final shame?
17 Dec 2007
It seems we must not only wait until 2008 to kick-start our detox plans, but will also have to keep holding our breath for the Government’s final proposals for changes to capital gains tax until next year.
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Keynes and able
13 Dec 2007
The credit crisis has produced a classic Keynesian liquidity crunch. Central banks are leading the banks to liquidity but cannot make them lend. A solution is to reflate the banking system by reducing short-term interest rates and causing the yield curve to steepen to profitable levels for the banking system. In the US, the first stage of this process has been achieved as the US treasury yield curve from two to 30 years has steepened from a low of -6 basis points on January 22 to 150 basis ...
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L&G to recruit adviser support team
17 Dec 2007
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Lawson accuses Pada on state aid
13 Dec 2007
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Lehman Brothers net income falls 12 per cent
14 Dec 2007
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Libor stays high despite rate cut
13 Dec 2007
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Life insurance to be regulated alongside protection products in new Icob
18 Dec 2007
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Listen and learn
13 Dec 2007
Aifa has hailed last week's retail distribution review speech by FSA director Stephen Bland as showing significant movement by the regulator and evidence that it has listened to IFA arguments against the proposals.
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Mark Peters quits Sesame for Zurich
17 Dec 2007
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Martin makes pledge over Sesame's status
13 Dec 2007
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McAteer calls for generic advice service
13 Dec 2007
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Mortgage and insurance markets should be included in RDR, says FSCP
14 Dec 2007
The mortgage and insurance markets should be incorporated into the retail distribution review, according to the Financial Services Consumer Panel.
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Mortgage Centre IFA acquires 50 per cent stake in Purely Financial Group
17 Dec 2007
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Mortgages Plc appoints new head of sales
12 Dec 2007
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New Star cuts property fund value by 8.2%
13 Dec 2007
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Nil rate band not only area hit by PBR IHT changes, says Standard
17 Dec 2007
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Norgrove to stay as Pensions Regulator chair for three years
13 Dec 2007
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NU Healthcare adds gym membership incentives
13 Dec 2007
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Old Mutual poaches M&G star to run UK fund
12 Dec 2007
Old Mutual Asset Managers has recruited Simon Murphy to run its UK select equity fund.
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Olivant gets backing in Rock bid
13 Dec 2007
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Olivant given equal footing with Virgin for Northern Rock bid
14 Dec 2007
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Openwork launches exclusive deals with five high street lenders
14 Dec 2007
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OPM selects reverse gear
13 Dec 2007
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Pada warned on complexity as it looks at overseas plans
13 Dec 2007
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Paternoster adds 150m DB scheme
13 Dec 2007
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Pearl to incorporate Resolution life companies and RAM
13 Dec 2007
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Pension funds look to Asia for equity gains
13 Dec 2007
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Personal column
13 Dec 2007
The old injury sustained by Money Marketing in the stakeholder pension wars is giving us gip again as far as personal accounts are concerned.
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Polls apart
13 Dec 2007
I have always had a soft spot for surveys and opinion polls. How could I not? After all, my partner's mother makes a living out them, quizzing bored shoppers outside shopping centres all over the south coast of England.
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Progress wins all-round vote but L&G is top cover seller
13 Dec 2007
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Property fund shown the door
13 Dec 2007
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Property problems
13 Dec 2007
Financial markets have fluctuated wildly in recent weeks. The FTSE 100 has been bouncing between 6,000 and 6,500, with the occasional threat to break out from these boundaries.
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Providers disappointed by protected rights' disparity
13 Dec 2007
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Putting the RDR to work
13 Dec 2007
The most popular post-retail distribution review business model favoured by advisers in the group pension space is a blend of fees and customer-agreed remuneration but a lot of work needs to be done to create a system that will allow corporate IFAs to continue to thrive.
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Quarter master
13 Dec 2007
Interest rates were the main feature last week. In the hours ahead of the Bank of England's announcement, speculation was rife that the cut could be as much as 75 basis points. The minutes of this meeting will make interesting reading.
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Realise your potential
13 Dec 2007
The pre-Budget report continues to occupy the minds of those at Technical Connection and also those of our clients. One of the certainties to emerge from the report is that the value of informed advice does not look like diminishing. Much has been written about the relative merits of investment bonds and collectives as tax-effective wrappers for investment portfolios. We have hopefully contributed positively to that debate.
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Red tape may force firms to shut down their schemes
13 Dec 2007
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Report reveals strain between FOS and FSA
13 Dec 2007
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Rock and risk
13 Dec 2007
My name is Jonathan and I am a Northern Rock borrower.
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Scepticism over FSA's primary verdict
13 Dec 2007
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Securitisation revival will see quick return of liquidity
13 Dec 2007
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Self-regulation as effective as FSA for fraction of cost
13 Dec 2007
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Shared scheme off to slow start
13 Dec 2007
The Government looks unlikely to hit its target of 20,000 Homebuy completions in the first five years of the scheme after first-year figures of 2,364.
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Simply Biz stars in the fast show
13 Dec 2007
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Stop grandfather clock
13 Dec 2007
I have just realised that we may have a level playing field but we are on another planet when it comes to compensation systems.
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Sub-prime borrowers set up to fail, says Citizens Advice report
12 Dec 2007
Citizens Advice has released a report that claims dubious advice from brokers, irresponsible lending decisions and aggressive arrears management by sub-prime lenders are driving an increase in mortgage arrears, court action and repossessions.
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SVM keeping low profile in US
13 Dec 2007
SVM Asset Management attributes the strong performance of SVM global opportunities, which recently earned an AA rating from S&P, to holdings in emerging markets and low US exposure.
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Synchronicity? It's more like sink or swim in economic waters
13 Dec 2007
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Taxpayers could end up making profit from Rock
13 Dec 2007
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Templeton emerging markets fund added to Cofunds
12 Dec 2007
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The big sleep at the FSA
13 Dec 2007
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The end for stakeholder
13 Dec 2007
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The nil-rate band plays on
13 Dec 2007
There have been a number of reports in the press stating that will planning using the nil-rate band of the first of a married couple to die will no longer be necessary following the Chancellor's pre-Budget report announcement that there will be a transferable nil-rate band between spouses and civil partners.
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These are a few of my favourite themes
13 Dec 2007
It has been a busy year and the pre-Christmas lull does not seem to have happened yet. In my column this time last year, I said the dominant themes for 2007 would include pensions and personal accounts, financial capability and generic advice, distribution and the Markets in Financial Instruments Directive. It is true that all these issues have taken up much of our time but they still appear to be far from complete and are set to dominate 2008 as well. What have we achieved on each of these?
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Third delay for Equitable report
13 Dec 2007
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Tories slam 'too timid' deregulation
13 Dec 2007
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Towry Law buys adviser Analysis
13 Dec 2007
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Trusted adviser
13 Dec 2007
An astonishing amount of money could be spent on inheritance tax unnecessarily this year because many taxpayers are failing to write insurance policies in trust. This is a key area where simple steps could protect clients from future financial woes.
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Victory for pensioners as Hain announces £12.5bn compensation package
17 Dec 2007
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WdB picks Neptune and Cartesian
13 Dec 2007
Williams de Broe has added boutique managers Neptune and Cartesian to three of its assetmaster funds because it believes they will outperform in volatile conditions.
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What a year it has been
14 Dec 2007
Looking back at 2007 most people will say the demise of Northern Rock was the biggest news story of the year, let alone the biggest mortgage story.
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Will in the frame as Malone's successor
13 Dec 2007
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Woolwich and Abbey cut SVRs
12 Dec 2007
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Woolwich extending retention fees to BTL
13 Dec 2007
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Wrap winners need to make huge outlay
13 Dec 2007
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Zemek quits New Star for Axa IM
18 Dec 2007
