View more on these topics

CPD Briefing: FCA’s cash savings review, Tax ‘loophole’ set to close

The latest edition of Newsbrief counts as 1 hour of structured CPD and covers the regulatory and marketplace changes which took place during September. Visit the Money Marketing CPD Centre to answer 10 multiple choice questions and complete this CPD activity.

Just click into your CPD Plan and you’ll find each month’s marketplace changes round-up in your activity list.

Not yet registered? Join for free today at and access over 35 hours of independent, accredited CPD learning content. 

Learning objectives (full list of ApEx standards covered below)

Learning objectives

By reading this edition of Newsbrief and completing the MCQ test online you will be able to:

  • Keep up to date on the regulatory and market changes that have taken place in September
  • Understand the scope of the FCA’s review of the cash savings market
  • Understand the implications of the FOS’s recent case study findings
  • Understand why the MPC voted to keep the base rate at 0.5% and keep the QE program
  • Keep up to date with how the bond market is affecting the economy
  • Understand the implications of falls in the emerging markets
  • Keep up to date with HMRC’s latest moves against tax avoidance
  • Understand what TPR wants to achieve with its revised draft Code of Practice
  • Identify the burden that the Consumer Insurance (Disclosure and Representations) Act puts on insurers
  • Understand the implications of the OFT’s proposed ban on ‘built in’ adviser commissions 


Financial services regulation and ethics

Investment principles and risk


Pensions and retirement planning

Financial protection


Apex standards covered in this edition of Newsbrief:

Subject area Learning outcome and indicative content
Financial services regulation and ethics How the retail consumer is served by the financial services industry
  Obligations towards consumers and their perception of financial services
  Consumers’ main financial needs and how they are prioritised
  The regulatory advice framework in practice for the consumer
  Client relationships and adviser responsibilities
Investment principles and risk The nature and impact of the main types of risk on investment performance
  Interest rates
  The macro-economic environment and its impact on asset classes
  Main long-term UK and global socio-economic trends
  Significance of monetary and fiscal policy
Taxation The UK tax system
  UK tax compliance
  The relevance of tax to individuals and trusts
  The impact of taxes on individuals, trusts and their investments
Pensions and retirement planning The law and regulation of pensions planning
  Pensions Regulator compliance
  Trust and contract-based pensions
Financial protection The consumer and retail market factors and trends relevant to Financial protection
  How insurance mitigates personal financial risk



Tony Wickenden: Advice will be essential for Aim Isas

For all their tax “goodness” – tax-free dividends and interest, and CGT-free gains – Isas cannot be assigned and so cannot be used in estate planning. Of course, if the Isa holder leaves the proceeds of the Isa to a surviving spouse on death, there will be no IHT payable. The surviving spouse can then, […]


Cofunds axes annual fee after charging review

Cofunds has removed its £40 annual platform charge following a review of its unbundled pricing structure. Money Marketing revealed last month the platform was reviewing its pricing structure following its acquisition by Legal & General. The platform’s monthly investment charges, which range from 0.29 per cent for assets up to £100,000 to 0.15 per cent […]


Neil Liversidge: The one area that needs more regulation

Few things make me angry enough to demand an increase in regulation but property-pushing is one of them. I refer of course to the estate agents, ‘property shops’ and the like which sucker householders, most of them unsophisticated by the regulatory definition, into borrowing against their family homes to buy additional properties as ‘investments’ and […]

9 October thumbnail

Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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 advice.

    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