Micheal Cleary has resigned from the board of Nerkeley Berry Brich although he will remain chief executive of the financial services division. Cleary is still under FSA investigation into his role in relation to the acquisition of Berry Birch & Noble Financial Planning.
I am usually calm and collected enough to read criticism, smile and get on with life but when the criticism is unfounded and based on a quarter of a story it pushes me far enough to feel the need to reply – I am referring to Alan Swaysland’s letter in Money Marketing, May 5.
Woolwich is aiming at first-time buyers with a new suite of products after its research suggested that the sector is faltering.
The FSA is calling for a reduction in the length of KFIs in a letter sent to mortgage lenders this week.The move coincides with a factsheet the regulator will also send out to brokers covering concerns about the accuracy of initial disclosure documents.FSA spokesman Robin Gordon Walker says some KFIs are longer than they need […]
The ABI is compiling a dossier of evidence on the FSA to push the regulator to revisit the costs of supervision and improve efficiency.
The introduction of ground-breaking pension freedoms in April 2015 has created some uncertainty for employees and employers alike, and they are looking for help. With further changed announced in the summer Budget, employees really need help to understand how the changes affect them.
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A High Court judge says the FCA can submit evidence in a case that could shape how Sipp misselling claims are handled in the future. In the case, which started today, lorry driver Russell Adams alleges Carey Pensions missold him a self-invested personal pension. Carey Pensions is accused of using unregulated introducers to invest Adams’s […]
Studies have found funds can be too big or too small to outperform, suggesting size does matter The assessment of whether to invest in a certain fund is a tricky business. Bearing in mind roughly 90 per cent of active funds do not beat their benchmarks over periods longer than 10 years, the odds are […]
The following sorry verse embodies procrastination on a whole new level: “Hello there, my name’s Phil; I rap like a small bear writing a will [diligently]; Estate-planning, ninja-whooping IHT; Shame I’m not as bizzie [urban affectation] with the RLP.” These words were penned in response to my father’s short verse sent to me, after the […]