Rating agencies were the focus of the Treasury Select Committee’s inspection – or wrath some might say – this week as chairman John McFall told Standard & Poor’s, Moody’s and Fitch Ratings that they had “failed hopelessly” in their role in the sub-prime crunch.
Three-quarters of consumers believe searching the whole market for products is a key role of IFAs and less than a third believe payment options have a bearing on independence, according to Aifa research.A YouGov survey found that only 17 per cent of consumers believe advisers should have an indefinite liability for advice, with 70 per […]
I praised him for his dogged determination at forcing the FSA to release the names of the 12 life companies found by the PIA, to have been engaged in “pre-contractual misrepresentations and in some cases a breach of contractual warranty”.
Jelf Employee Benefits has released a guide to help employers communicate the recent raft of pension legislation to staff. ‘Your Guide to Pension Freedom’ will help employers meet their duty of care in explaining the changes to employees and in turn will help employees take more control over their pensions and retirement decisions.