The FSA will open its doors to applications for home-reversion regulation from November 6 in anticipation of the new regimes starting on April 6, 2007.
The FSA is to lead a six-week exercise to test the resilience of financial institutions in the event of an avian flu pandemic starting on October 13. The regulator will work with 60 organisations to test the potential impact on the UK financial sector.
Over 40 per cent of advisers look at the financial strength of a provider when recommending an annuity for their client, according to new research from Prudential.
SimplyBiz and Zurich Intermediary Group are co-hosting a webcast by Technical Connections director Tony Wickenden to provide an exclusive presentation on post-Budget IHT planning. Technical Connections experts will also be involved in a live chat, held on the SimplyBiz website allowing member firms to ask questions on the presentation. Wickenden will give insights into IHT […]
A downturn in revenue from endowment complaints and the end of the flood of complaints is forcing claim management companies to look at other areas, says the Claims Standards Council. CSC spokesman Andy Wigmore says some unscrupulous claim companies believe that they can convince the consumer that “anything with financial services on it” has been […]
By Kunal Desai, Head of Indian Equities The Neptune India Fund’s investment process serves as a key differentiating feature of the portfolio versus its peers, contributing to its significant outperformance under Manager Kunal Desai’s tenure. Focusing on industry disruption, accounting quality, liquidity and corporate governance, Kunal sets out three stocks that he’s buying in the […]
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A majority of independent financial advisers think there should be a single rate of tax relief according to this week’s Money Marketing poll. More than 120 advisers took part in the poll with 77 in favour of a single rate of tax relief, 39 against and six undecided. Yellowtail Financial planning managing director Dennis Hall […]
The FCA has issued a warning over ‘commoditised’ defined benefit pension transfers running the risk of unsuitable advice. In a letter sent to advisers holding pension transfer permissions, the regulator reminds planners that a “key area” of its focus is on pension transfers, and that it will later this year be contacting all firms to […]
Problems look set to arise for pension schemes operating relief at source