Freedom of Information requests by the LibDems have revealed the cost of police pensions has soared by 50 per cent from £1.3bn in 2004/05 to £2bn in 2008/09.
View more on these topicsNews
Buxton’s alpha mater
Richard Buxton’s Schroder UK alpha plus fund remains one of the market’s most popular products, run as a focused portfolio of the manager’s highest conviction ideas. He joined the group in 2001 and has managed the fund since launch a year later, before which he had an 11-year stint running UK equity money at Barings. […]
Leading questions
Hargreaves Lansdown is not a typical adviser business but the company feels that its approach to the retirement market has set it up to be a leading firm in the sector for many years to come. With a client bank split 90 per cent self-service to 10 per cent advised clients, Hargreaves Lansdown says its […]
Baigrie and ABI link up to promote protection
Lifesearch managing director Tom Baigrie is working with the Association of British Insurers on its new drive to help raise consumer awareness of protection needs. ABI protection strategy committee chairman and Aviva protection director Richard Verdin says Baigrie, who spearheaded the consumer protection and insurance engagement campaign, has agreed to help steer the work stream […]
Out of Context
“It is like chasing the soap in the bath. You think you have just about got it and it slips away.”Which? Future of Banking Commission panel member Philip Augar on finding a solution to the banking crisis. “I’m struggling up the street with a bottle of Bollinger.”Syndaxi’s Robert Reid “Anti-money-laundering is my speciality, mainly because […]
A modern horror story
Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]
Newsletter
News and expert analysis straight to your inbox
Sign up
FSCS to pay back 2,700 clients of collapsed DFM Beaufort
The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Profile: Fiducia on really knowing your clients
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
FCA warns over advisers giving ‘inadequate information’ to DB transfer specialists
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]
Comments