The BSA put in place its usual 5 fine, donated to Shelter, for any mobile phone going off during its fringe event at the LibDem conference in Blackpool.Unfortunately, the BSA’s Rachel Le Brocq, who was guarding the door, was unable to apprehend a fleeing transgressor of the rule despite her best attempts to tackle him. Obviously, the thought of donating to a reputable charity was too much for this particular LibDem delegate.
Brokers are concerned by research showing that 35 per cent of borrowers on short- or medium-term mortgage rates are not planning to remortgage when their current deal expires.
E-commerce is increasingly causing significant changes in the ways that many financial advisers run their businesses. More and more services are now being launched that actually deliver on the promised potential of technology for our industry. Consequently, it is becoming increasingly important for advisers to understand those providers which are delivering the best technology solutions […]
The FSA has issued an urgent reminder to IFAs and providers to start planning for A-Day. In a keynote speech to advisers, FSA director Sarah Wilson said although many firms are working hard to get ready for A-Day, those which have not started preparations need to do so now. She said advisers needed to discuss […]
By the middle of last week, it was beginning to look as though stockmarkets around the world were prepared to hand back the gains made earlier during the year due to hurricane Rita.
Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]
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FCA chief executive Andrew Bailey says he is concerned about the new Priips regulation. Speaking at the London Business School Annual Asset Management Conference yesterday Bailey said: “I want to be clear that I am concerned about Priips, and I know I am not alone.” He added: “It carries a risk that it is leading […]
The Personal Finance Society has launched a guide for advisers on social impact investing, in light of recommendations to government from an advisory group. The guide was put together by the PFS, with the support of the government’s independent advisory group on social impact investing and the Department for Digital, Media, Culture and Sport. The […]
The debate around how fund managers’ pay incentives should work has been reignited. Firms have started to introduce new cost structures in an attempt to improve transparency, as the FCA steps up its focus on how asset managers assess their value. The companies that have already introduced new fee models claim it will not change […]