Pimfa publishes updated Mifid guide

The Personal Investment Management and Financial Advice Association has published an updated version of its Mifid II feedback template and guide.  Both documents jointly authored with the Tax Incentivised Savings Association were originally issued for industry comment in June 2018.  The updated template and guide reflect the feedback received from Pimfa’s product  governance and template testing working groups.  […]

L&G apologies to client over pensions tax free cash error

Legal and General Assurance Society has apologised to a client for making repeated mistakes in the information it gave about the amount of tax free cash he could take. In a ruling from The Financial Ombudsman Service, Mr M complains L&G’s errors resulted in the need for him to return funds and caused him “significant trouble” and […]


Kathryn Knowles: Changing the female social norms

This year has seen women stand up and make sure they are recognised for their achievements. The Chartered Insurance Institute’s Insuring Women’s Futures programme, Women in Protection network and a wave of awards events focused on the triumphs of women in the industry have set the trail blazing for females in financial services. The passion […]

Brewin Dolphin acquires Hampshire IFA to head new office

Wealth manager Brewin Dolphin has acquired a Hampshire-based IFA firm Allwin Tax Planners and Portfolio Managers to join its recently opened Winchester office for an undisclosed sum. Allwin’s team, comprising of two planners and support staff, will move to Brewin’s Winchester office upon the deal’s completion in 2019. Allwin co-director David de Kretser wrote it […]

Protection Watch: The price of happiness and clarity on benefits

Protection Review chief executive Kevin Carr looks at recent market events DWP clarity on benefits and protection insurance Earlier this year, the government clarified that income from an insurance policy specifically to cover mortgage payments would not be counted when assessing entitlement to means-tested benefits. This is relevant to protection advisers, especially those arranging mortgage […]


Robo sustainability a concern for advice gap, LEBC says

National advice firm LEBC says robo-advice solutions lack to ability to provide strategic advice and will not fix the widening advice gap alone. Speaking to Money Marketing, LEBC director of public policy Kay Ingram says robo solutions are still lacking sustainability. A bionic approach that combines the technological benefits of robo with face-to-face advice could […]