Aifa warns there must be a clear line between provider and adviser responsibilities, with providers not intruding into the client-adviser relationship, creating competitive distortion or threatening independence of advisers through distributor selection.
Kensington Group chief executive John Maltby has questioned whether some sub-prime lenders can survive due to the “unsustainable” nature of products on offer.The head of the UK’s first adverse lender had added his voice to the growing number concerned about the sector. It follows claims by lender Rooftop last week that too many lenders in […]
Interest rates With one rise already this year and more on the way, Helen Pow reports on the market effects as base rate increases.
Few people believe Child Trust Fund Week will make much impact on a public that is largely financially illiterate, says Helen Pow.
Sarasin Real Estate Equity IIID Fund
By Fiona Hanrahan, senior product insight and technical support analyst We’ve received lots of queries on scheme pays and when it can be used. This article explains how it works and the conditions which apply. What is ‘scheme pays’? If an individual exceeds the annual allowance (AA) and an AA tax charge is due, they […]
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]