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FSCS hit with more than 200 claims over collapsed Sipp provider

The Financial Services Compensation Scheme has received more than 200 claims against the collapsed Lifetime Sipp Company in less than two months. Company data provided to Money Marketing by the FSCS showed 19 claims had been received as at 30 May. However, the FSCS confirmed this week that the number of claims has now ballooned […]

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Selectapension confirms it will not reopen DB transfer bureau

Provider Selectapension has no plans to reopen its bureau that executed defined benefit advice, Money Marketing can confirm. In June 2017 Selectapension’s advice partner CFPML was visited by the FCA for an audit, which resulted in the firm deciding to voluntarily suspend cases while it made changes to processes and cleared outstanding backlog. At the time, Selectapension said […]

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Tech firm seeks adviser input on software developments

Back-office provider Iress is giving advisers more say in developments with its software through a new collaboration programme. Iress Labs is a global initiative and there are currently 75 firms involved, including six from the UK. Iress managing director Simon Badley says the move represents a “fundamental change” in how Iress operates. He says: “We’ve […]

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FCA warns advisers over platform inducements

The FCA has warned financial planners that additional services offered by their platform may be in breach of its inducement rules. While the regulator has said that competition between platforms is working well for most consumers in its market study this morning, it has warned that add-ons for advisers that are paid for by the […]

Naming a reward programme

Six tips to get your reward programme name right

by Debra Corey, group reward director  Choosing a name isn’t easy. Whether it’s for your new puppy, a bundle of joy or your reward programme, a name determines a first impression – and often a lasting memory. When it comes to your reward programme, the name will determine how your employees feel about it even before […]

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