View more on these topics

&#39IFAs caught in FSA and FOS rules trap&#39

The Financial Ombudsman Service rules in favour of private investors far too often, according to the Association of Private Client Investment Managers and Stockbrokers.

Speaking at an IFA conference in Geneva, chief executive Angela Knight said the FOS often forces advisers to pay compensation even though the adviser has acted legitimately, sensibly and ethically.

She said there was no longer a level playing field in the UK and expressed concern that advisers were caught between FSA and FOS rules.


BBC Moneybox reveals failings on basic advice

BBC Radio has gone undercover to investigate the standards of financial advice offered to clients by independent and tied financial advisers.“The Price of Advice”, produced by Radio 4&#39s Moneybox team, is aired this week and highlights how many advisers fail to provide basic advice.Researchers and reporters went undercover, taping interviews with 10 tied advisers and […]

Scottish Life cuts WP payouts by up to 26%

Scottish Life is slashing its with-profits bonus rates on life policies by up to 26 per cent, with final pension payouts also coming under the knife to the tune of up to 16 per cent.Scottish Life says the revisions, effective from April 14, are a continuation of the process of smoothing down payouts, reflecting the […]

Accounting for advice

I am the senior partner in a firm of chartered accountants. In the past we have provided independent financial advice to our clients through a subsidiaryIFA firm. The costs of this have significantly outweighed the profits produced. We are considering using the services of a local IFA but what are the advantages of doing this […]

Failings in FSA split-caps consultation

Professional body the Actuarial Profession says it has identified three main failing in the FSA consultation on split cap investment trusts. The first of the three troublesome areas the Actuarial Profession says it wishes to tackle is the proposal to restrict investment in funds of funds, which it believes will solve problems associated with crossholdings. […]

India correction: a terrific entry point?

By Kunal Desai, head of Indian Equities, Neptune A key concern for investors who were looking at India afresh has been the rich valuations and strong prior performance. We view the correction in the market through short-term growth concerns from demonetisation as a terrific entry point for the long-term investor. Investors should not be overly concerned […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm