Katie Marriner

Katie Marriner is Money Marketing’s platforms reporter. She joined the title from Insurance Post and has previously worked as a health journalist. Katie can be contacted at katie.marriner@centaurmedia.com or on 0207 943 8030.

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Directors disqualified over fine wine investment scam

Two company directors have been disqualified for a combined 20 years after running a fine wine investment scam that lost investors nearly £1m. An Insolvency Service investigation found that Crimson Fine Wines cold-called customers and then did not purchase or allocate wines to those who had paid for their investments. The investment scheme offered investors […]

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Former SJP adviser jailed after gambling clients’ money

A former St James’s Place adviser has been jailed after defrauding clients of more than £840,000 over three years. Mark Pickering was discovered to have used client money to place bets at Betfair, which the gambling business discovered after checking its records. Pickering ran up a total of £1.1m gambling losses. Judge James Sampson, of […]

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Advisers oppose pension tax relief cuts being eyed in Budget

Advisers have hit out at the Government’s “obsession” of tinkering with pension tax relief as reports suggest older workers could see their tax relief cut in the upcoming Budget. Chancellor Philip Hammond will make his first Autumn Budget announcement on 22 November. Reports suggest that Hammond is eyeing reforms to promote “intergenerational fairness” in the […]

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Triple lock criticised for increasing intergenerational unfairness

A Centre for Policy Studies report claims former deputy primer minister Nick Clegg’s insistence on the state pension triple lock policy was a driver in increasing intergenerational unfairness. The report says that, since 2010, welfare spending on pensioners has increased by 10 per cent in real terms but is down by 5 per cent for […]

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Standard Life advice arm buys Bristol firm

The acquisition is the fifth since Standard Life established 1825 more than two years ago Standard Life’s restricted advice business 1825 has acquired Bristol-based Fraser Heath Financial Management, which has £352m assets under advice. The deal is expected to complete in the first quarter of 2018. Once the acquisition completes 1825 will have more than […]

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FCA defends fine against firm for late Gabriel return

The Complaints Commissioner has dismissed a complaint from a firm which disputed paying a £250 fee for filing its Gabriel return late, claiming it was affected by a flood. According to the Complaints Commissioner’s decision the FCA rejected the initial complaint because the return was filed late, the firm was sent several reminders, and no […]

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PLSA to ask members to ‘scrap’ constitution

The PLSA is also proposing to create a single policy body to oversee its work Members of the Pensions and Lifetime Savings Association will be asked to scrap the trade body’s current constitution on Friday. Speaking at its annual conference in Manchester yesterday, PLSA chair Lesley Williams said the constitution, created 44 years ago, is […]

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DWP confirms it will lead pension dashboard project

However, it is believed legislation for the pensions dashboard will not be in place before the project is live Pensions minister Guy Opperman has put an end to speculation the Government will not continue work on the pensions dashboard by confirming the Department for Work and Pensions will lead the project. Writing in The Times, […]

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Platforms push for extension to FCA market study deadline

Platforms are wary of deadlines set by the regulator to submit information for its market study, with some looking for an extension, Money Marketing understands. It is understood some platforms have requested more time to submit information to the regulator. The first tranche of data was due to be submitted on 18 October and the […]

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Martin Lewis wins claim against PPI chaser that used his image

Consumer champion Martin Lewis has won a battle against a payment protection insurance claims firm that used his image to promote their services. Lewis and Moneysavingexpert.com, the website he founded, challenged two advertisements from Civil Claim Services. One was a Facebook post that included text stating that “the BBC, Martin Lewis and national press have […]

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EU asset managers expect to leave UK following Brexit

Less than half of the EU-national asset managers working in the UK plan to continue doing so after Brexit, a survey by the Chartered Financial Analyst Society shows. According to Bloomberg, 42 per cent of EU nationals said they would stay in the UK, 16 per cent said they were already planning to leave and […]