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FCA tells advisers to signpost Pensions Ombudsman

The FCA has told advisers to make clients aware of their right to refer complaints to the The Pensions Ombudsman, not just the Financial Ombudsman Service. Currently, advisers must notify clients that they can complain to the FOS if they believe they have been miss-sold, but are not required to signpost TPO. While complaints over […]

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L&G Home Finance eyes 2018 expansion past equity release

Legal & General Home Finance is set to diversify beyond offering lifetime mortgages this year, according to managing director Steve Ellis. The L&G arm has only handled lifetime mortgages since the firm entered the market by buying Newlife Home Finance in 2015. Ellis says: “This year we will be broadening out into products that are […]

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SJP replatforming bill passes £150m

St. James’s Place spent nearly £22m continuing to upgrade its platform technology in 2017, annual results released today show. Two-thirds of gross inflows are now being put on the new Bluedoor platform, the firm says, but having transferred over Isa and unit trust business in 2015, a full replatforming will not complete until 2019. By […]

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