Money Marketing
View more on these topics

Consumers&#39 Association warns of flawed and dangerous strategy

By

The Consumers&#39 Association warns that the FSA proposal to reduce consumer protection will invite mis-selling and destroy consumer confidence in saving for the future.

CA warns that selling stakeholder products through a basic advice process is a flawed and dangerous strategy.

CA principal policy advisor Mick McAteer says: “The FSA seems to have chosen to address the long-term savings crisis with an approach that rewards an inefficient industry by stripping it of any responsibility for its actions.”

Recommended

MLP launches training centre for graduates

MLP Private Finance plc, part of MLP Group is launching an IFA training academy on July 19 aiming to get more graduates into the sector. In addition, MLP Private Finance has introduced an enhanced Continuous Professional Development programme in which all staff throughout the UK will participate. MLP managing director Frank Mesterharm says: “There is […]

Volatile substance

In my last article, I examined investment risk, the difference between average rates of return and volatility and, last, risk and reward. In this, my second of three articles on planning a portfolio, I will look specifically at standard deviations, including the use of more than one standard deviation, preferred investment strategy and devising investment […]

Fears over accuracy of early redemption charges

Concerns have been raised by sourcing systems about the accuracy of early redemption charges included in key features illustrations. Tolerance is not permitted in relation to calculations of early repayment charges which the FSA expects to be penny-perfect. Lenders have been acc-used by the FSA of being “self-defeatist” for not providing detailed technical information enabling […]

Cazenove Fund Management – Cazenove European Equity (Ex UK) Fund

Type: Oeic Aim: Growth by investing in European equities excluding the UK Minimum investment: Euros 5,000 Investment split:100% in European equities excluding the UK Place of registration: Dublin Charges: Initial 3.5%, annual 1.5% Commission: Initial 3%, renewal 0.5% Tel: 0800 0159592

Newsletter

News and expert analysis straight to your inbox

Sign up
Money Marketing

Latest from Money Marketing

Tatton poaches from Brooks Macdonald in hiring push

Tatton Investment Management has poached from Brooks Macdonald as its investment team undergoes a restructure. The discretionary manager, which is part of the Tatton group that also owns adviser support services company Paradigm Consulting and mortgage club Paradigm Mortgage Services, has hired Brooks investment manager John Messer and ex-IBM consultant Adam Rawling as an analyst. The […]

Richard Buxton: Current bond yields are intimidating

Ballooning western debt issuance at negative yields is making for increasingly dysfunctional capital markets It took over two years for 10-year US Treasury bond yields to more than double from their 2016 lows, as reasonable growth and rising US short-term interest rates pushed yields higher. But it has taken less than a year for those […]

Business people

Schroders poaches wealth exec from Hargreaves

Hargreaves Lansdown executive Jessica Miller will depart the firm to head up proposition at Schroders and Lloyds’ new financial advice joint venture. Millers spent seven years with Hargreaves Lansdown, most recently as lead proposition manager. She will start her new role with Schroders Personal Wealth this month, reporting to chief commercial officer David Lawrence. Lawrence […]

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com