Justin Cash

Justin Cash is Money Marketing’s editor. He has previously worked for magazines including Citywire and Legal Week. He can be reached on justin.cash@centaurmedia.com or 0207 970 4776.

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MAS adviser directory passes 7,000 users

The Money Advice Service’s Retirement Adviser Directory now has more than 7,000 advisers listed, the guidance body has revealed. A total of 3,719 firms are now part of the directory, MAS says in its final annual report before merging with The Pensions Advisory Service and Pension Wise later this year to create a new single […]

More than 1,000 advisers attend FCA event tour

Over 1,250 financial advisers turned up to the FCA’s series of regional events, Live and Local, last year, the regulator has revealed. In its annual report this morning, the regulator says that it is continuing to engage with advisers through events including Live and Local, which include supervisory workshops, firm surgeries, roundtables and chairman’s lunches […]

Justin Cash, Editor of Money Marketing
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Editor’s note: British Steel shows the menace of unregulated introducers

Last week, the great and the good of the advice profession gathered in Port Talbot. An industrial town in deepest South Wales may seem an unlikely location for a high-profile conference, until you fully grasp the magnitude of what has happened there over the past 12 months and its impact on the planning profession. While […]

Firms loses complaint over fine for late regulatory return

A firm has had its complaint rejected after being billed by the FCA for a late regulatory return. The firm, which is kepy anonymous in its complaint, went to the Complaints Commissioner after being invoiced £250 by the FCA for a late submission of part of its return, despite claiming that it had made all […]

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FCA: We must prepare for ‘no-deal’ Brexit

The FCA has said it is continuing to make contingency plans for all Brexit scenarios, including “no-deal”, as negotiations continue. The government’s latest white paper on Brexit proposed an “equivalance of rules on an outcomes basis” regime for financial services allowing the UK and EU access to each others markets. In a speech by FCA […]

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FCA hits out at ‘spurious complexity’ in platform charges

FCA director of competition Mary Starks has described instances of “spurious complexity” in platform charging in the wake of the regulator’s review of the market this morning. Speaking to Money Marketing, Starks notes findings that, particularly on the direct to consumer side, platforms can levy between 15 and 35 different fees in total, and use […]

Exclusive: Intrinsic investment proposition head poached by Dynamic Planner

Intrinsic investment proposition head Chris Jones has joined risk-profiling firm Dynamic Planner to head up its proposition to advisers and asset managers. Jones had been at the Quilter-owned financial advice network since 2012. A chartered and certified financial planner, Jones was previously an IFA and has held roles at major firms like Bradford & Bingley […]

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FCA staff warm to new Stratford office location

FCA staff are warming to the regulator’s move from Canary Wharf to Stratford, according to its latest board minutes. Earlier this month, employees began moving to the regulator’s new east London site, with teams such as communications among the first to transition. Money Marketing previously reported on internal documents showing that staff at the FCA […]

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FCA mulls exit fee ban for platform switches

The FCA is considering banning exit fees for switching platforms. In its platform market study, released this morning, the FCA says it may also issue further guidance on how advisers should charge for platform switches after finding that the process and the costs involved can often be lengthy, preventing clients from getting the best deal […]

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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 […]

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Pay for top pensions regulator and ombudsman staff revealed

The annual accounts of the Pensions Regulator and The Pensions Ombudsman have revealed salary levels for top staff. Outgoing TPR chief executive Lesley Titcomb’s salary was between £220,000 and £225,000 for 2017/18, with a bonus payment of between £15,000 and £20,000 on top of that. Both amounts were unchanged from 2016/17, and the chief executive’s […]