The rise in house prices is grinding to a halt in the North and Northwest according to Rightmove, which looked at asking prices from August 14th to August 28th. Rightmove says national asking prices fell by 0.6 per cent or £1,217 in the last two weeks and puts the average property asking price at £191,118. Northern prices fell by 0.3 per cent while prices in the northwest remained the same over the period.
Aifa will not be supporting David M Aaron, the first IFA to be banned for life, as it says it does not defend those who have been in breach of FSA rules. Aifa spokeswoman Tracey Mullins says: “We don't defend people who have breached FSA rules resulting in consumer detriment and so we cannot say […]
Keydata has introduced a new issue of the extra income plan, a capital-protected bond linked to the performance of the FTSE 100 index for a term of five years. The bond, which is also available as an Isa and for Pep transfers, provides a choice of annual income at 6.25 per cent gross, quarterly income […]
The compensation scheme's system of payments is in a fine mess. The question is, who got us into it? Is the regulator playing Oliver Hardy to the providers' Stan Laurel? Maybe. The bills for this fatal showdown between IFAs and the FSA over non-payment of their compensation scheme levy have not reached all advisers. Some […]
Bruce LoveGooding: 'Women tend to take a more holistic approach to building relationships with clients and providing advice. A lot of research has shown that they are naturally better listeners and provide more considered opinion' Belcher: 'It is difficult to gain the kind of exposure I have had since winning the award. To be able […]
Les Cameron, Head of Technical, explores defined benefit pension transfers from a technical viewpoint, tackling the topics such as transfer values and transfer drivers.
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A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source