Tim Jones has been named chief executive of the Personal Accounts Delivery Authority. Jones was chief executive of retail banking at Natwest and will take up the post immediately. He is currently co-director of the Centre for the Study of Financial Innovation.
Alistair Darling has announced that he will consult on levying tax charges on
non-domiciled UK residents who have lived in the UK for seven years.
Has The Money Portal answered one of the FSA’s RDR questions – the vexed issue of how to cut out churn? Messrs Craven, Easter and Pearson certainly believe that they have.The system they have launched this week at the Sage network conference in Spain rewards advisers looking to sell on their business based on a […]
Advisers have welcomed Norwich Union’s decision to undergo a complete redesign of its protection range and research a guaranteed protection product.Money Marketing last week reported that the firm is scrapping its current protection range and “starting from a clean sheet of paper” in a bid to meet consumers’ protection needs.MM also revealed that NU is […]
Andy Curran, director of intermediated distribution at Prudential believes that a move to factorygate pricing can bring a major boost for adviser businesses
How should investors view Brexit? Clearly, the world did not end. Business continues. But it has changed things. Artemis’ fund managers explain their latest views. Click here for full article
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As someone training to be a cricket umpire, fair play matters to Fortitude Financial Planning director Chris Bowmer. Doing the right thing for clients is something he has adhered to from the start of his career, even in a 1980s sales environment with nothing to gain by delving beyond a client’s surface requirements. While he acknowledges […]
Fund managers who have helped pay compensation over the collapse of life settlement bond provider Keydata will receive a £12m refund, the Financial Services Compensation Scheme has announced. Keydata’s management has been embroiled in a multi-million-pound legal battle with the FCA since it collapsed in 2009. The total bill for compensation stands at more than […]
With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]