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FCA orders skilled persons reports for eight advice firms over insistent clients

The FCA has ordered eight advice firms to carry out skilled persons reports in relation to insistent clients following a thematic review on pension transfers, Money Marketing understands. A skilled persons report, also known as a Section 166 report, checks for weaknesses or failings in a firm’s practices. The review can result in enforcement action […]

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Conservatives plotting non-dom clampdown

The Conservatives are evaluating a move to counter a Labour pledge of scrapping non-dom status by ending the ability to inherit the status. The Times reports that Chancellor George Osborne is considering blocking non-domiciled individuals passing down the ability to avoid paying tax on overseas earnings. The report comes just a day after Labour announced […]

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Sesame to close financial adviser school

Sesame is to close its Financial Adviser School and is consulting with staff affected by its decision to scrap its investment advice network. In March, Sesame Bankhall Group announced it will no longer operate as a network for investment advisers as part of a fundamental overhaul of the business. In an update to members today, […]

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Welcome to your new Money Marketing

As you can see, the Money Marketing website looks very different than what you are used to. A lot of work has gone into the redesign, and I wanted to take a bit of time to explain the new look and why we have made the decisions we have. When we redesigned the magazine just […]

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