IFA Berry Birch & Noble has appointed Colin Cameron as a director. He joins from Aon Consulting where he spent 13 years as a senior consultant and board director.
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SOBS says Halifax takeover means 'slash and burn' redundancies
Save Our Building Societies is calling for job-protection guarantees for Birmingham Midshires' employees ahead of the society's proposed £750m merger with Halifax.The pressure group is urging Birmingham Midshires members to push for a 10-year safeguard for jobs and branches. Halifax says it "intends to avoid compulsory redundancies".Sobs coordinator Bob Goodall says: "The Halifax will slash […]
NPI meet PIA requirements on pension fund withdrawals
NPI says it is one of only four major IFA providers to have already complied with PIA guidelines on pension fund withdrawals.It says its drawdown illustration system has been amended to show both critical yield type A and type B on a client specific basis as stated in the PIA guidance notes.Drawdown Product Manager Jim […]
PIA suspends Manchester-based Barclay Scott & Co
The PIA has issued an Intervention Notice against Barclay Scott & Co which will prohibit it from soliciting or conducting regulated investment business.The regulator says the firm may not be complying with its financial resources requirements and may not be able to meet the liabilities as they fall due.It says the firm has also failed […]
Portman withdraws oversubscribed bond from sale
Portman Building Society is withdrawing its one-year fixed-interest bond because it has been inundated with inquiries.The bond was launched three weeks ago with an interest rate of 6.5 per cent gross per year.Portman spokesman Mike Dobson says: "Demand has been extremely heavy and this pressure has forced us to replace the product."It is being replaced […]
Understanding the new State Pension
The Department for Work and Pensions (DWP) has unveiled a new communications campaign to raise awareness of the new State Pension that will be launched next year.
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Silver linings for 2019: Why advisers have cause for optimism next year
Next year is set to be one of challenge and change for the advice profession, but also one of opportunity, as the UK plots an uncharted journey outside the economic boundaries of the EU and planning businesses continue to adapt to evolving regulation. The past 12 months have seen advisers work to meet new European […]
FCA looks for ways to back long-term investment
The FCA has today proposed changes that would help unlock patient capital – investment seeking long-term returns, such as venture capital or infrastructure – through unit-linked funds to retail investors. The regulator has also published a discussion paper on the effect of the existing UK framework on investments in patient capital. As part of this year’s budget, chancellor […]
Meet the advisers giving something back to their community
Three advisers talk to Money Marketing about taking time out to help the community Christmas is traditionally a time for giving, so as our thoughts turn to the festive period, how are advice firms giving back to the community or the profession? The great outdoors As a seasoned mountain walker and scout leader, much of […]
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