Life insurers are accusing the FSA of washing its hands of the Treasury select committee’s recommendation for an industrywide rating system for investment funds. In its latest meeting with the Financial Services Forum, the FSA said the dangers of implementing such a system were too high but it gave invited the industry to come up […]
Clerical Medical has published further advice to help IFAs prepare for A-day and the anticipated rush towards contract based group personal pension and stakeholder schemes.Ninety five per cent of intermediaries highlighted new trustee responsibilities as the main driver for change amongst smaller occupational trust based schemes, according to new research from Clerical Medical. Clerical Medical […]
Sorry is often the hardest word to say but that is what Norwich Union chief executive Gary Withers has done. It is a brave provider that acknowledges its mistakes and apologises to IFAs on service. But how on earth did a company of such size and importance come to this sorry pass? For far too […]
James Dowey, Investment Director, Chief Economist China and Japan have both performed strongly so far this year, while the UK and Europe are going through periods of political uncertainty. In contrast, the US has experienced a temporary soft patch, but the lower oil price is proving to be a boon for consumers. How do these […]
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]