http://www.moneymarketing.co.uk/xmlservers/RecentlyCommentedStoriestRSS.aspx http://www.moneymarketing.co.uk/xmlservers/RecentlyCommentedStoriestRSS.aspx http://www.moneymarketing.co.uk/magazine/graphics/logo.png http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/pensions/catch-us-if-you-can-small-firms-to-dodge-auto-enrolment-duties/1071790.article http://www.moneymarketing.co.uk/pensions/catch-us-if-you-can-small-firms-to-dodge-auto-enrolment-duties/1071790.article No doubt, bearing in mind how ruthlessly stakeholder requirements were enforced, that most small firms will be quaking in their boots...... Fri, 24 May 2013 15:53 GMT 24 May 2013 3:53 pm 0 http://www.moneymarketing.co.uk/regulation/the-death-of-bank-advice-more-than-just-the-rdr-to-blame/1070770.article http://www.moneymarketing.co.uk/regulation/the-death-of-bank-advice-more-than-just-the-rdr-to-blame/1070770.article Some thought provoking points here. However I question the idea of no advice as people who arranged annuities and pensions direct that I have spoken to DID say they received help with it. The question the FCA needs to ask (as indicated recently) is whether that 'help' is seen and perceived as advice by the client. I will bet this is the next 'misselling scandel' area from what practices & comments I have seen/heard recently. Fri, 24 May 2013 15:44 GMT 24 May 2013 3:44 pm 0 http://www.moneymarketing.co.uk/investments/henderson-to-remove-yield-targets-from-two-mcquaker-funds/1071803.article http://www.moneymarketing.co.uk/investments/henderson-to-remove-yield-targets-from-two-mcquaker-funds/1071803.article In other words if you cant acheive your stated targets change them. Fri, 24 May 2013 15:43 GMT 24 May 2013 3:43 pm 1 http://www.moneymarketing.co.uk/pensions/providers-scottish-independence-could-end-pension-tax-relief-for-millions/1071560.article http://www.moneymarketing.co.uk/pensions/providers-scottish-independence-could-end-pension-tax-relief-for-millions/1071560.article I'm sure if it was an issue they would re-locate their HO to England if required. Another poser is whether other investments would then be classed as offshore investments? Fri, 24 May 2013 15:39 GMT 24 May 2013 3:39 pm 0 http://www.moneymarketing.co.uk/adviser-news/sue-whitbread-the-difference-between-financial-advice-and-financial-planning/1071333.article http://www.moneymarketing.co.uk/adviser-news/sue-whitbread-the-difference-between-financial-advice-and-financial-planning/1071333.article Look, I think the IFP is a good organisation, got some good folk involved and seem to know what they are doing most of the time. However, they really are getting quite pompous and arrogant in their approach to financial planning. I went to a regional meeting last year and one of their senior stalwarts came along and asked everyone round the table is they use cash flow modelling software. Those that did, irrespective of HOW they used it, she told "then you are a planner", those that didn't were dismissed as not being planners yet. Both conceited and factual nonsense, I think the IFP need to loosed up a bit, good IFAs are a very broad church, IFP are turning into a sect. Fri, 24 May 2013 14:47 GMT 24 May 2013 2:47 pm 1 http://www.moneymarketing.co.uk/pensions/labour-and-govt-clash-over-state-pension-reforms/1071762.article http://www.moneymarketing.co.uk/pensions/labour-and-govt-clash-over-state-pension-reforms/1071762.article Actually Mr Byrne I'll be out of pocket and I was born in 1979! Allow me to re-opt out of the state pension and take my National Insurance Contributions and I'll make my own provision thanks very much. If I want anything done quickly I need to go private. You can't get an NHS dentist for love nor money. The main problem is that there are less contributors and more who willing to take what is 'rightfully theirs' whilst forgetting that they earn it! Until you fix that you're always going to have to lower standards because there will be less to go round! The whole system is stuffed. Fri, 24 May 2013 14:46 GMT 24 May 2013 2:46 pm 0 http://www.moneymarketing.co.uk/mortgages/co-op-halts-new-business-lending/1071787.article http://www.moneymarketing.co.uk/mortgages/co-op-halts-new-business-lending/1071787.article A photo of a Co-op food store? Really?! Fri, 24 May 2013 14:12 GMT 24 May 2013 2:12 pm 0 http://www.moneymarketing.co.uk/channels/corporate-adviser/news/consultancy-charging-ban-extended-to-all-qualifying-pension-schemes/1071754.article http://www.moneymarketing.co.uk/channels/corporate-adviser/news/consultancy-charging-ban-extended-to-all-qualifying-pension-schemes/1071754.article It is hard to believe that Advisers could possibly have expected that they would be allowed to dip into the members funds. Surely plotter paid fees was always the only viable option. Fri, 24 May 2013 14:07 GMT 24 May 2013 2:07 pm 1 http://www.moneymarketing.co.uk/pensions/john-greenwood-consultancy-charge-cul-de-sac/1071296.article http://www.moneymarketing.co.uk/pensions/john-greenwood-consultancy-charge-cul-de-sac/1071296.article John, you are correct that CC should be banned from contribution deductions, but it should be allowed on funds for Governance work etc. Otherwise nothing will be done Fri, 24 May 2013 13:39 GMT 24 May 2013 1:39 pm 1 http://www.moneymarketing.co.uk/adviser-news/stephen-womack-what-should-i-look-for-in-a-potential-employer/1071353.article http://www.moneymarketing.co.uk/adviser-news/stephen-womack-what-should-i-look-for-in-a-potential-employer/1071353.article its all about the Clients. simples. no clients = no job. it has not changed since 1991 when I entered FS. . 20,000 advisors now - much fewer than before but the public are not 'lining up' for advice why should a prospective employer hand you their confidential financial data when you are only offering your services? Fri, 24 May 2013 12:59 GMT 24 May 2013 12:59 pm 0