View more on these topics

Alert on power of attorney

Advisers should act quickly to protect family clients before the rules on enduring power of attorney change from October 15, warns Shropshire IFA Pi Financial Dixon Sutcliffe & Co.

The company says the new rules will make the process far more complicated and expensive.

Enduring power of attorney will be replaced by two types of lasting power of attorney, one covering property and financial matters and the other covering the donor’s welfare.

Chief executive Tim Sutcliffe says: “It will no longer be possible to establish enduring powers of attorney although existing ones will remain in force. The two new types of lasting powers of attorney will cover property and financial affairs and the donor’s welfare.

“The formalities are more complicated and the costs will be higher, so our advice is to consider arranging an enduring power of attorney before these changes come into force.”


CFM joining Close Investments brand

Close Brothers is continuing to align its investment management businesses by bringing Close Fund Management under the Close Investments brand.Close Investments, headed by chief executive Rufus Warner, is appointing Roland Kitson and Godwin Tsui to the board in the roles of sales and marketing director and investment director, structured products.Kitson was one of the founding […]

Basket work

Before selecting Ascentric, I scoured the market to see what was around but I was really waiting for clarity from the FSA as to its position on wraps.At the end of last year, the regulator no longer appeared to consider the use of an investment wrap as a compromise to one’s independence.I prefer the independent […]

Sesame announces protection seminars

Sesame will conduct a series of technical protection seminars with an aim to help advisers write protection business more efficiently and profitably.The seminars, which run from July 3-26 nationwide, will seek to teach advisers how to help clients avoid non-disclosure, maximise cover within a client’s budgetary constraints, write protection business more efficiently and demonstrate that […]

Stop the cold-calling

Royal London is pleased to support the petition calling for a ban on cold-calling for pension and investment products. The petition, launched by IFA Darren Cooke of Red Circle Financial Planning and hosted on the Parliamentary website, calls on the Government to ban cold-calling for pensions and investment products. A similar ban is already in force […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm