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Five advisers have permissions axed

The FSA cancelled the permissions of five advisers in one day for failing to submit retail mediation activities returns. They include Sheffield-based Sally Whitaker trading as Rock Pool and London-based Capital Solutions.

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Restricted access

A recent survey by SimplyBiz which found only 4 per cent of IFAs are considering the restricted advice channel has sparked a discussion about where IFAs will position themselves after the RDR. The debate intensified when Aifa revealed it will consider holding a member vote on whether to accept restricted advisers into its ranks.SimplyBiz chairman […]

Malone extends stay at PMS until 2012

PMS has announced executive chairman John Malone has signed a contract which will extend his stay at the mortgage club for at least two further years. Malone was due to retire from PMS at the end of this year but is keen to continue working with the PMS team. Malone says: “I am looking forward […]

Predominant purpose

Concluding my look at VAT and financial services with an assessment of the factors that make a service exempt

Beveridge quits Swip

Scottish Widows Investment Partnership investment director of international equities Colin Beveridge has quit the firm and is leaving by the end of September to take time out of the industry.

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