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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- Top trends
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- Lifetime allowance 2018/19 increase confirmed but pensions absent
- ATS staff departures continue as platform commits to improved adviser experience
- SJP trainee adviser banned and fined for faking qualifications
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As the outlook for the UK’s economy remains uncertain, how can advisers prepare portfolios for any change in inflation? As higher inflation fails to appear on the horizon and wages grow faster than expected, fund managers are weighing up their portfolio moves for any potential changes in the economy. The UK consumer prices index rose […]
IFA directors Kevin and Cheryl Neal have been banned from being company directors by the Insolvency Service for six and four years, respectively. The married couple ran the now-defunct Hertfordshire-based Kevin Neal Associates Wealth Management. They were disqualified for taking assets from an insolvent company. The firm had been incorporated to take over the business interests […]
Hartley Pensions has bought the “untainted” assets of the Lifetime Sipp Company, which went into administration earlier this year. An update published today on the website of Lifetime’s administrators Kingston Smith & Partners says Hartley Pensions has also agreed to administer the tainted Sipps held by Lifetime Sipp. The administrator described tainted assets as those where […]