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7

FOS upholds four Harlequin complaints against advice firms

The Financial Ombudsman Service has upheld four complaints regarding Harlequin investments against advice firms since the beginning of the year. The Harlequin group of companies marketed and built overseas luxury property developments, and is under investigation by the Serious Fraud Office. In a decision against West Sussed-based IFA Regency Financial Resources, the FOS ruled the […]

People on the move

The chief executive of Aviva’s UK and Ireland Life business David Barral is to leave at the end of May after 16 years with the firm. Barral’s departure follows shareholder-approved Aviva’s takeover deal of Friends Life. Friends Life chief executive Andy Briggs will become chief executive of the enlarged UK and Ireland life business, subject […]

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Nic Cicutti: Back to the Future policies are failing voters

Of all the sayings about the media’s need to remain neutral when delivering information to the public, one of the most over-used is that from former Guardian editor CP Scott back in the 1920s: “Comment is free but facts are sacred.” If so, then my column last week, in which I criticised the backward nature […]

Martin Tilley Cut Out Medium
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Martin Tilley: Words of warning on toxic transfers

The new pension freedoms are finally here and, as both national and trade press have reported, there is huge interest in the drawdown flexibility and more favourable treatment of funds remaining on death. Much of this interest will come from members of defined benefit schemes who previously enjoyed neither the flexibility of income nor, in […]

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