The Association of British Insurers is calling on HM Revenue & Customs to revisit its rules around the way it governs a person’s estate following their death in order for providers to issue a part-payment on life insurance claims.
West Riding Personal Financial Solutions managing director Neil Liversidge has called on fee-only advocate Towry Law to justify how its fund charges differ from initial or trail commission.
Positive Solutions is to ringfence partners’ unclaimed fees and commission prior to 2008 following a recent investigation into an alleged fraud by an ex-PosSol adviser. In May, Money Marketing revealed that PosSol had launched an investigation into the possible fraud of one of its advisers. In an extranet bulletin posted last week, chief executive Jim […]
Sesame has confirmed that some redundancies are likely following the completion of its deal to acquire Bankhall and PMS.
Structured product provider NDF Administration is likely to be placed into administration this week, Money Marketing understands.
The UK Pensions Awards shine the light on excellence and recognise the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members. This year’s awards looked at advisers and providers across 31 different categories and were rigorously judged by a panel of senior […]
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Latest from Money Marketing
Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]
AJ Bell has won a case against a client who wanted his platform fees for the past 14 years reduced. A client, referred to as Mr N, complained to the Pensions Ombudsman that, because he did not have enough information about what fees would be payable, he sold a property holding in his Sipp far […]