The FSA is extending its approved persons’ regime to include director and non-executive director functions at parent and holding companies where their decisions are regularly taken into account by the governing body of a regulated firm.
You may have seen some reporting on St James’s Place’s charges over the weekend courtesy of The Sunday Times. First up, kudos for continuing to push such an influential but guarded firm on such an important topic. Specifically, the claim was made that on a £1m pot invested over 20 years, clients would see almost […]
Platforms that have well-developed drawdown solutions will be best placed to help advisers navigate clients through retirement, says Seven Investment Management. 7IM head of intermediary Verona Kenny says platforms with strong offerings in the drawdown space are vital for proper client management. Speaking to Money Marketing, Kenny says: “Challenges for advisers to navigate include ensuring […]
There is an opportunity to abolish the tapered annual allowance and reform pensions tax relief more widely under Boris Johnson’s incoming government, experts say. The MP for Uxbridge and South Ruislip was elected leader of the Conservative party today and will take over as prime minister tomorrow. Johnson beat off challenger and foreign secretary Jeremy Hunt […]