Citizens Advice is calling on the Office of Fair Trading to launch an investigation into payment protection insurance, which it says is at best bad value and at worst missold to vulnerable people. Citizens Advice is making a super compaint, which means legally, the OFT has to respond within 90 days.
Axa has launched its wealth management proposition to IFAs, giving them access to a further 25 funds alongside a lower pricing of its prem- ium select bond. Axa Life is offering a selection of funds from its world fund range, funds managed by Axa Rosenberg and its existing range of funds. Axa versions of Morley […]
The FSCS has declared 43 firms in default. The list of firms, available on the FSCS website at www.fscs.org.uk , includes Worcester based John Coverdale Associates, Stafford-based P D C Insurance Services and Kent-based Alder Broker Group.
Universal Balanced Collection Fund
It is with increasing regularity that we are reminded of the importance to HM Revenue & Customs of the substance of tax planning arrangements as opposed to concentrating solely on the form.
Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]
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The Government should consider allowing people to lower their contribution rates to 8 per cent under auto-enrolment to prevent a potential spike in opt-out rates over the next few years, AJ Bell says. Contribution rates are due to rise to 5 per cent in April this year and 8 per cent in April 2019 with […]
French asset manager Carmignac has called for more clarification on the new research costs rules under Mifid II as it claims rival firms have wrongly stated what the directive means for their business. Speaking to Money Marketing after an event in Paris, Carmignac managing director Didier Saint-Georges referred to asset managers as “cheeky” in their […]
Five overlooked government credits and allowances advisers should look out for