The long-running legal battle between Equitable Life and its former directors and auditors Ernst & Young this week amid speculation the two could yet reach a settlement. In a seperate move, Equitable Members Action Group gained support of several MEPs in its bid to get the European Parliament to seek compenstion for investors from the Government.
Stephen Bland has been appointed FSA director of the small firms division meaning he also takes over from David Kenmir as head of the regulators intermediaries sector.Bland had been acting in the role for the last ten months but now assumes it full time.Kenmir will remain managing director of regulatory services and will still be […]
Of every 100 you earn, you pay 11 per cent to the Government in National Insurance contributions and a further 22 per cent in income tax, or 40 per cent if you are a higher-rate taxpayer.
As his beloved football team, Ipswich Town, battle it out for a chance to join the big boys in the Premiership next season, so Suffolk Life’s chief executive is relishing the prospect of captain- ing a niche player in the growing Sipp market from next April. James Phillipps finds he is confid- ent of helping 25,000 or more clients to achieve their goals
Keydata’s secure income bond has been welcomed by the market because it provides a 7.5 per cent annual income, tax-free through Isas and Pep transfers and an even better growth option.
Les Cameron, Head of Technical, explores defined benefit pension transfers from a technical viewpoint, tackling the topics such as transfer values and transfer drivers.
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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 […]
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 […]
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 […]