17 December 2009
“Faced with that dispiriting scenario, Darling had little to offer those who were listening to him in Parliament last week.”
Aifa calls on the FSA to offer reduced capital requirements to providers that invest in adviser-charging systems.
“Many will waste valuable time waiting for a change in Government, regulatory backtrack, a change in European ruling or even the magic fairy to change matters. For those, an opportunity is lost.”
John Lawson runs through what is and what is not being looked at by the “Plan B” working group.
Paul Farrow on why investors have missed out in their decision to turn away from European funds
FOS upholds complaint against adviser over investment in CF Arch cru investment portfolio.
Chris Gilchrist says IFAs are more like hairdressers than Harrods.
Hargreaves Lansdown is developing a corporate wrap account to be launched in spring 2010.
Aifa is seeking legal advice following the Financial Services Compensation Scheme’s decision to recover Keydata compensation costs from advisers rather than providers.
Just Retirement is closing on deals to provide enhanced annuities to the clients of up to nine firms.
2010 promises more volatility and IFAs need to concentrate on service says Bruce Wilson
Labour MP Jim Cousins slams the Government for delayed implementation of personal accounts.
Octopus targets £500m for new alternative strategies fund.
Advisers told it could take up to three months for FSA to re-authorise them.
The Tories attack the Government for not applying a 2.5 per cent basic state pension rise to Serps.
The pensions industry may lose £3bn of annual contributions as individual personal pension customers switch to personal accounts.
Burrows & Cummins is set to launch a portfolio annuity that combines a range of three retirement income options in one product.
Andrew Strange says the FSA should reconsider its approach to regulating firms.
“The best regulators can do is create a framework for products with a narrower range of outcomes that we can assess with our limited reasoning capacities.”
Robert Reid says the cru debacle is proof that many advisers need to spend more time looking under the bonnet of investment products.
Close Investments leads the way as almost 95 per cent of funds produce positive returns.
Even the best and most experienced fund managers occasionally go through a bad period, says Mark Dampier.
The Perpetuities and Accumulations Act features important changes ending constraints for trusts but will not come into effect until next year.
Which? has slammed Co-operative Financial Services for charging mortgage borrowers twice the price for conveyancing work if they choose a sole practitioner solicitor