Latest

Editor’s note: Orphaned clients are safe… for now

It’s amazing how strongly the subject of commission still inflames adviser passions. The debate is obviously far more nuanced than many give it credit for. Legacy pensions flogged only because of the commission they paid can hardly be put in the same ballpark as vital protection products that simply would not be commercially viable to […]

FSCS-Piggy-Bank-500x320.jpg

FSCS pays out £5.7m compensation to Strand Capital customers

The Financial Services Compensation Scheme has paid out £5.7m so far to nearly 800 customers of collapsed discretionary fund manager Strand Capital. The payments were made to 796 investors over the past two weeks. The payments related to client cash only. The compensation was paid directly into customers’ self-invested personal pensions. An administrator’s report published in […]

Money Marketing Interactive Harrogate is back! Our top five picks

After a record attendance for the London leg of our Money Marketing Interactive conference earlier this month, we are delighted to say that we will be returning to Harrogate in September. After a hugely successful launch last year, we are escaping the London bubble once more to bring you a top day of insight and […]

2

PFS updates guide on DB transfers for advisers

The Personal Finance Society has updated its guide on pension transfers from defined benefit to defined contribution schemes for advisers. This replaces the earlier good practice guide first published in February 2017 and registers a number of important developments in the market. These include the FCA’s consultation about advising on transfers and its supervisory work […]