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CA attacks FSA plan

The Consumers&#39 Association has issued a hard hitting attack on the FSA&#39s proposals for playing into the hands of big providers and issued a strident defence of independent financial advice.

The defence is being led by director general Sheila McKechnie. The CA believes a move against polarisation could deny access to independent advice to the vast majority of the public and plans to campaign against the change in the next few months.

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Bankhall tells IFAs to move on

IFA service provider Bankhall says IFAs must accept that the FSA is set in its plans to abolish polarisation and that they must look to the future.While expressing concerns over confusion amongst consumers, Bankhall operations director Tony Murrell says: “We see no sense in trying to fight a lost battle of trying to maintain the […]

Treponin test tells the tale

Advances in medical science change the way that we are affected by certain illnesses and the way we diagnose them. These advances in turn affect critical-illness cover. One example is the growing use of troponin tests to help diagnose heart attacks and other illnesses of the heart.The current heart attack definition used in critical-illness policies […]

Stakes and pains

I am an avid reader of Money Marketing but do not recall seeing any article concerning the peculiar stance adopted by Scottish Equitable on its existing personal pension book now that stakeholder is with us.Most major pension providers took a decision months before April 6 to convert the charging structure of their existing personal pension […]

Rolling on to AFPC success

There are now only 12 weeks to the next sitting of the Advanced Financial Planning Certificate examinations.If you are one of the many people who are planning on taking an exam in April (tables 1-3) then you will become either one of the 38 per cent or so of candidates who pass their exam or […]

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]

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