Association of Mortgage Intermediaries director general Chris Cummings is calling for the National Audit Office to conduct a formal review of the FSA’s expenditure.
The Government’s last minute Hip U-turn will just create more confusion say Opposition Parties, with the Tories calling for a radical rethink of the policy.Tory shadow housing minister Michael Gove says the Government must now go back to the drawing board over Hips after yesterday’s U-turn in Parliament.Speaking after yesterday’s announcement, Gove suggested the timing […]
Halifax has come under fire over its levels of service, with brokers complaining of not being able to reach its business development managers.The high-street lender also saw its online system crash on Monday although service was resumed the next day.Brokers say it can take several hours to get hold of a Halifax BDM, only to […]
Cofunds has called for improved standards in the industry over the management of pension transfers.
We need answers on how schemes are exempted from personal accounts.
By James Dowey, Chief Economist and CIO at Neptune The Bank of Japan (BoJ) surprised investors on 28 April by holding monetary policy steady following the meeting of its Policy Board. Many investors had expected an easing of monetary policy and, as such, the TOPIX Index has fallen and the yen has strengthened. Why has […]
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There are numerous trip hazards with carry forward but more clients will want to be looking at it Many believe the annual allowance will be fair game for the chancellor soon, as one of the least painful and least complex reductions in cost to the Treasury. As such, the need to contribute while clients can and […]
The world is a challenging place for a traditional one-man (or -woman) band Increased regulation and rising costs are leading to a growing number of mid-sized adviser firms. Sole trader and two-handed businesses are becoming rarer as changing rules and client demands present a greater challenge for smaller firms. Between compliance, technology and the implementation […]
Thirty-six months is a short time in pensions. Before April 2015, few could have predicted that compulsory annuitisation would come to an end and the door to full withdrawals would be swung open. As the pension freedoms reach their third birthday, it is worth weighing up the evidence to date. Let’s start with the good […]