Higher levels of qualifications would not be required but would be aspirational. This is a big change from the RDR where the professional category requires chartered, certified or something in between. It represents a less onerous burden but still requires more exams. We would appreciate readers’ views on whether this is a workable compromise.
The Adviser Fund Index has benefited from the recent surge in gold values. Prices hit 28-year highs last week in response to a weakening dollar and stockmarket uncertainty. The AFI has been able to profit from the upswing through several holdings, including Merrill Lynch gold & general and JP Morgan natural resources.According to data from […]
Fitch Ratings has downgraded Resolution’s rating to negative following Standard Life’s withdrawal of its offer this week. Fitch says Pearl’s offer is “potentially detrimental” to Resolution’s credit quality.
A client has asked for advice for his mother. Since her husband’s death a few years ago, she has become worried that, on her death, a very big chunk of the family’s wealth could go to the Exchequer. What steps can be taken to reduce inheritance tax?
The board of Gartmore’s £98m Fledgling trust is seeking a change to investment policy that would allow managers Gervais Williams and Andrew Russell to hold Aim stocks.
By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]
- Top trends
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
Alliance Trust Savings’ new boss must “instil common sense” across the business and start to engage with advisers if they are to salvage the platform’s reputation, IFAs have said. Industry insiders have welcomed news of ATS chief executive Peter Mill’s departure, but say the platform needs to move quickly to fix its service issues. Frustrated advisers are […]
The FCA has said that the Financial Ombudsman Service does not need more guidance on how it should match the regulator’s rules with the complaints adjudicator’s judgments. While the FCA regulates firms according to its handbook, FOS decides on complaints based on a ‘fair and reasonable’ test, that is, whether the claim would be successful […]
The curious goings-on in the world of financial services