2 February 2012
Alan Lakey says the RDR makes no financial sense.
F&TRC director looks at the tech behind group risk propositions.
John Lawson says the end of the tax year offers advisers a number of opportunities for last minute planning.
The current Financial Services Bill offers policymakers a rare chance to radically reshape financial services regulation for the better.
Nic Cicutti says there have been many inadequate products that IFAs have filled their boots with in the past.
I quite like the idea of being able to charge every client that walks through the door.
Advisers have hit out at pensions minister Steve Webb for saying it will be unnecessary for small firms to seek advice over auto-enrolment.
Alliance Trust is considering launching a target return bond fund and has dropped plans for a strategic bond fund.
Ardevora partner Jeremy Lang has added 9 per cent in information technology stocks in the Ardevora global equity fund.
Bank of Ireland is looking to offload two of its UK mortgage portfolios worth nearly £2bn, Money Marketing understands.
BlackRock is considering launching a strategic bond fund this year to help with investors’ search for income.
Threesixty is calling for the FSA to clarify over which QCF level four qualifications they require.
Advisers have urged caution over a scheme advertising 16 per cent commission rates on pension transfers for people aged 55 and under.
Wealth management firms could be forced to sell their Sipp operations if the FSA follows through with plans to increase capital adequacy requirements for providers.
Diaries in December and January are filled with presentations from different organisations where they put forward their outlook for the coming year. It may be a bit of a generalisation but, to cynical investors, the equity-oriented houses tend to be more positive than the bond-oriented houses, which could be seen as propounding a gloomy outlook to make bonds a more attractive investment.
New regulatory powers will force financial services firms to make public instances where the regulator has intervened to stop a misleading promotion.
Although offshore funds are included in the IMA fund sectors and available to buy on popular platforms such as FundsNetwork, for some people they retain a certain louche image and lack the respectability of UK-domiciled funds.
Around 50 per cent of advisers will move to a restricted model over the first three years of the RDR, according to Zurich and Partnership.
Peter Lilley is urging Michel Barnier to give the UK the final say on EU financial services regulation and directives.
Technology experts have warned advisers, providers and platforms to put contingency plans in place as internet services may be disrupted during the London Olympics.
Tenet says IFAs need to put aside some of their differences and show support for a single trade body if they are to have a united voice and lobby effectively.
Head of the Financial Conduct Authority Martin Wheatley has every reason to be committed to the regulator’s more intensive style of supervision.
The Tax Incentivised Savings Association will try to form an industry consensus on how restrictive covenants should apply in the financial services industry.
Pensions minister Steve Webb says the review of auto-enrolment will go ahead in 2017 as planned and is likely to look at more than just restraints on Nest.