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Apfa accused of ‘giving up’ on fight for long-stop

Apfa has been accused of “giving up” on its campaign for a 15-year long-stop on complaints against financial advisers by considering alternative ways to stem liabilities.  The trade body is in ongoing discussions with the regulator after the FCA said in March 2014 it would consider the case for a 15-year long stop on complaints […]

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11

MAS adviser directory branded ‘not fit for purpose’

The Money Advice Service’s directory of at-retirement advisers has been branded “not fit for purpose” after it launched with a number of technical issues.  The directory is in beta mode and features 4,500 advisers from 1,200 firms. Those using the Government’s Pension Wise guidance service will be pointed to the directory if they wish to […]

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Steve Webb: is it time for the care pension?

Steve Webb, Director of Policy and External Communications Steve Webb offers a potential solution to the issue of funding long-term care, by asking whether it’s time for the ‘care pension’. The UK’s long-term care system has been steadily spiralling out of control. Around one in four of us is set to spend more than £20,000 […]

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