Interview with Simply Class’ first customer, Ben Kent.
The Treasury has launched its consultation on amending the definition of advice so that consumers only receive regulated advice when they are offered a personal recommendation for a specific product. In the consultation paper the Treasury says there are currently two ways of defining advice. The UK defines regulated advice as “advising on investments”, as set […]
Over the past few weeks, I have looked in some detail at remuneration planning for SME owners in the light of the changes to dividend taxation. Well, we should also consider how a pension fund might be incorporated into this planning and, if it can, whether and to what extent the pension fund can be […]
The FCA is probing pension firms on their communications around guaranteed income benefits, based on concerns consumers do not fully understand the benefits they are giving up. In its latest regulatory update, the FCA says it will review how adequate pension firms’ customer communications are in non-advised sales as well as looking into what oversight […]
Royal London Asset Management Bond Fund Managers Paola Binns and Craig Inches look at why short duration could be a key tactic for fixed income investors during 2017. Read the full article here The value of investments and the income from them is not guaranteed and may go down as well as up and investors […]
By Kim Jarvis, technical manager with Canada Life’s ican Technical Services Team In this article we look at the main exemptions and reliefs that are available on death. Within the article, spouse also means civil partner. Nil-rate band Under current rules, any part of the estate that falls within the available nil-rate band (NRB), […]
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Money Marketing has teamed up with Taxbriefs to bring you the definitive guide to the EU’s forthcoming General Data Protection Regulation and how it will affect your firm. Get your free briefing with everything you need to know and stay ahead of the game below. Regulation: Do Mifid II and the GDPR have conflicting aims?
Committee shows particular concern over pension scams The Work and Pensions Select Committee wants evidence on whether there are gaps in the advice and guidance market and if customers are changing their behaviour after getting advice as part of its inquiry into the pension freedoms. The committee announced today it is opening an inquiry into […]
Consolidation in the advice market is just beginning, but there is still a place for small, well-run advice firms. That is the message from Ascot Lloyd Bellpenny chief executive Nigel Stockton, who predicted more private equity firms will also invest in the market. Speaking at the Money Marketing Interactive conference last week, Stockton said: “My […]