PFS chief executive Keith Richards, Threesixty managing director Russell Facer and financial planner Susan Hill sit down with Money Marketing editor Justin Cash to discuss what’s wrong with the FSCS, and how it can be reformed.
A firm that approached the Complaints Commissioner over the conduct of the FCA in its pursuit of a late return fee has had its complaint quashed. The complainant contacted the regulator’s revenue team on 30 April expressing disappointment that confidential fee information had been disclosed to a staff member at their firm. The FCA did […]
With the infrastructure already available as part of open banking, it will pay to be smart rather than siloed News that the government will “leave it to the industry” to progress the pensions dashboard is generally positive. However, it raises as many questions as it answers, one of the most important being: what is the […]
A London-based broking and investment firm has been handed a fine by the FCA for its failure to update its risk surveillance systems following a business model change. Linear Investments’ trading is primarily conducted via electronic Direct Market Access. The firm saw increased trading volume following a business model change prior to November 2014. The […]
Michael Klimes examines the sceptical attitude advisers take towards crypto-currencies Unregulated investments can take diverse forms in the UK, from burial plots near Birmingham to storage pods in Blackburn. In more exotic locations such as the Caribbean, property is popular, while so-called “ethical crops” have lured investors to Africa. While these have been on advisers’ […]
By Kacper Brzezniak Every year, starting around November, investment banks (and fund managers) begin to drip out their outlooks for currencies, rates, economies, you name it, for the following year. The consensus has been largely wrong for the past four or five years; those multiple rate hikes never came, the bond market is still alive […]
As we hurtle towards the new year, it is worth remembering much of the so-called client-centricity discussed is, in fact, little more than process that will not determine whether you win, lose or draw. Sure, a process needs to be reliable, cost-efficient and to point the right service at the right people. But it is […]
The Association of Member Nominated Trustees and the UK Sustainable Investment Association have urged pension funds to keep an eye on whether their investment consultants’ sustainable investment advice lives up to the minimum service requirements under regulation. The AMNT and UKSIF says consultants should meet minimum requirements as soon as possible so as not to […]