View more on these topics

Chancellor berated for &#39poor&#39 job on finance policy

In the increasingly difficult climate for the industry, dispirited advisers have slammed Gordon Brown and the Government&#39s financial services policy.

According to the survey, IFAs have become increasingly disillusioned with Brown in the past year, with 88 per cent believing that the Chancellor has not done a good job in establishing a favourable climate for private savers and investors. This is a 15 per cent increase on last year&#39s survey.

Eighty-nine per cent said they rated the Government&#39s running of financial services policy as poor or not very good – a 6 per cent increase on last year&#39s survey findings.

This year&#39s survey also found that 77 per cent of advisers believe they have been unfairly treated by the FSA in the last year.

Chase de Vere Investments investor services manager Nicki Foster says: “I am not surprised by the results. Advisers are looking for certainty in the future but because there have been so many consultation papers in the last year, there are still too many balls up in the air. The Government has thrown more uncertainty at savers.”


Abbey Shipping takes to the investment waters

Noble & Company is aiming to raise up to £4.7m for its Abbey Shipping enterprise investment scheme (EIS). The EIS gives investors an opportunity to invest in a Romanian-built double-hulled ship, the Santa Ana, which will be used for the transportation of oil products. The ship is valued at $22m and 75 per cent of […]

Nearly half of investors are looking to drip feed their Isas

Forty three per cent of Isa investors are looking to drip feed their investments this year, according to research conducted by Mori for Fidelity. It also found that 34 per cent want their money to go straight into equities as a lump sum. Another 16 per cent would like a facility which would see their […]


The Diary&#39s favourite read has to be The Actuary and not just because of this month&#39s riposte to the BBC&#39s Great Britons debate, the Greatest British Actuary Ever poll.Yes, it&#39s the puzzle section. Full of mathematical problems, mile-long formulae and anagrams, it is the equivalent of page 3 for the actuarial profession.Actuary puzzle – five […]

Business up by 24% at Swiss Life

Swiss Life has reported an increase of 24 per cent in new business written during 2002, up to £53m from £42m in 2001. The provider says during the last year it enjoyed substantial growth in both critical illness and income protection sales. Managing director Brian Hurd says the fact IFAs have stuck with Swiss Life […]

Navigating volatility

The making of any fund can be seen in how it responds to crises and opportunities. In this short video, Head of Multi Asset at Royal London Asset Management Trevor Greetham outlines how the Royal London Global Multi Asset Portfolios or GMAPs navigated through Brexit and the US election cycle. He also highlights the importance […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm