Residents of the “thinking man’s” Channel Island (their words, not the Diary’s) must be eagerly anticipating the advent of quiffs becoming mandatory to follow suit.Guernsey might then become known as the “coiffure-appreciating man’s” Channel Island. The thought of a load of fund managers sporting Travolta-style ’dos would be far too great a sight to miss – their fund business would surely skyrocket.
FRANCIS McGEE Two truths underlie last week’s publication of new research on commission and the launch of ABI’s consultation on options for change. First, is the fundamental importance of advice to closing Brit-ain’s £27bn savings gap. Oliver Wyman’s work for the ABI in 2001 proved that. Securing the widest possible access for potential savers to […]
The FSA has outlined its new electronic reporting requirements ahead of implementation of integrated regulatory reporting from July.
Newton Investment Management has made its institutional Newton phoenix fund available to retail investors.
Hargreaves Lans-down pensions research manager Tom McPhail says the company’s research shows that a worrying 80-90 per cent of investors choose level annuities over increasing annuities which could prove a catastrophe in the face of prolonged high inflation.
With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
A former IFA who pocketed clients’ Sipp money has been given a six-year jail sentence. Darren Say, who ran advice firm Wealth Connection, was found guilty of fraud by abuse of position and of fraudulent trading after creating a pension scheme that loaned money to clients’ Sipps before investing funds in a property company where […]
Consumer champion Martin Lewis has published a passionate warning about scam advertisements using his identity to endorse investment and insurance schemes. Lewis, founder of Money Saving Expert, has posted a video denouncing a cloud-based trading scheme that claims he invested £500,000 in it. He says in the video: “It is a con, it is a […]
The FCA cancelled the authorisations of more than 200 firms last year for failing to meet “basic regulatory requirements” like paying their fees or filling out regulatory returns. The regulator revealed the figure in an update today, that its Threshold Conditions Team took enforcement action against at least 207 firms for failing such compliance failings […]